Basic Tutorial: Learning the Moves
VGTR is about making you more competitive. It’s a serious incentive and reward scheme, and if your game fits the bill you could be looking at:
Here are the nuts and bolts of it. Assuming your game qualifies, you’ll be able to claim a hefty tax deduction. In real terms, that means the lower of either:
If you’ve made a loss, you can even “surrender” it for a 25% tax credit.
Unlocking the Trophy: Qualifying for VGTR
To claim VGTR, you’ve got to hit a few basic benchmarks. PC, console and mobile games can all qualify, but you need to be:
After that, you’ve just got to make it through the BFI Cultural Test and you’re over the finish line! Don’t discount this last challenge, though. You’ll need to score at least 16 out of a possible 31 points based on things like:
Combo Breakers: When Can’t You Claim?
There are a few restrictions on claiming VGTR. If your game’s designed entirely around advertising or gambling, for example, you’ll probably be knocked out of the running. VGTR doesn’t help with concept design expenses or debugging once the game’s finished, either. You also can’t include things like financing, marketing or advertising costs.
The other key thing to remember is that you can’t combine VGTR and R&D tax relief on the same project. It’s important to crunch the numbers properly to see which works out better. The rules around all this can make your head spin if you’re not used to them. Be sure to get in touch with RIFT to see where you stand.
RIFT R&D are the UK’s experts in making innovation pay off. If you’re pushing limits and setting high scores, we’re the best co-op partner in the business.