Commentary

D7.1250 Video games development companies—introduction

Corporate tax
Corporate tax | Commentary

D7.1250 Video games development companies—introduction

Corporate tax | Commentary

Video games development companies

D7.1250 Video games development companies—introduction

Finance Act 2013 introduced reliefs for video games development1 which apply for accounting periods beginning on or after 1 April 20142.

The rules for video games development companies broadly mirror the ones for film production companies and are detailed in D7.1252–D7.1268. HMRC guidance on this regime can be found at www.hmrc.gov.uk/ct/forms-rates/claims/creative-industries.htm and in the Video Games Development Company Manual3.

The video games sector is more than simply a creative arts sector. It is an innovative research driven area. Consequently, some video games development companies may be carrying on research and development or

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