Commentary

D7.1255 Video games development companies—loss relief

Corporate tax
Corporate tax | Commentary

D7.1255 Video games development companies—loss relief

Corporate tax | Commentary

D7.1255 Video games development companies—loss relief

Losses incurred by a video games development company in any accounting period while the game is still in development can only be carried forward and set against future profits of that same trade1. They may not be relieved sideways, carried forward for relief against total profits or surrendered for group relief. Losses set against future profits of the trade are ignored for the purposes of the restriction on such deductions in CTA 2010, s 269ZB (see D1.1122)2. Where such losses are carried forward into the accounting period in which either the game is

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