Advanced Tutorial: Claiming VGTR
If you’re claiming VGTR for your game, you’ve got a few hoops to jump through and some information to pull together. Don’t worry – with the right loadout you’ll make it through unscathed. Better yet, RIFT does all the heavy lifting for you, so you can get back to actually making games. Here’s how it all comes together:
First we’ll chat to confirm you qualify for VGTR. We’ll check the information you’ve given us already and explain our fees. Once you’re happy to press on, we’ll start talking timeframes.
Scoring BFI Certification
This is the boss fight of VGTR claims. You can’t make a claim without winning at least interim certification. If you haven’t applied yet, we’ll walk you through the process. If any additional reports are needed, we’ll put them together for you. Once the game’s finished, we can help you with getting full certification.
You now start gathering the information we talked about in the mission briefing. We’ll keep in touch with your accountants to make sure they’re up to speed.
We’ll visit you to collect any remaining information we don’t already have. This also gives us a chance to go through it all in detail and ask or answer any important questions.
Powering Up Your Submission
We’ll put your submission together next, along with a report to break it down for HMRC. We’ll include evidence for every cost to make sure you’re getting the full value of your claim. Once your BFI certificate’s ready, we’ll send you a copy of your claim to look over. When you’ve approved it, we’ll make the formal submission to HMRC.
We’ll work closely with your accountants to make the necessary amendments to your CT600 company Tax Return, and make sure everything goes to the right HMRC team.
HMRC Escort Mission
Here’s where we work with your accountants to handle any questions HMRC fires back. Teaming up like this also helps get a swift response, meaning you get your money as soon as possible.
Checking the Scoreboard
Once your claim’s submitted we’ll shoot you an invoice for our fee, based on the predicted rebate you’ll be getting.
Beyond the First Loot Drop
Once your claim’s paid out, we’ll carry on supporting you and talk over any other projects you’ve got in the pipeline. Now’s the time to start sending us invoices and figures to build future claims.
Timing Is Everything
On average, we look at a timeframe of 4-5 weeks from enquiry to submission. Of course, a lot depends on how quickly we get information from you. If your year-end date’s looming, we’ll do all we can to speed things along.
Getting you the most from VGTR is exactly the kind of work RIFT R&D loves – and we’re experts at it. Get in touch to learn how a claim can help “1-Up” your competition.