Video Games Tax Relief

The Video Games Tax Relief (VGTR), also known as the UK Games Tax Relief Scheme, is a tax relief incentive designed to support UK-based game developers. It allows qualifying companies to claim a payable cash tax credit on eligible expenditure.

Cloud Imperium UK Ltd is entitled to the VGTR

Amount

in 2021, CIG UK received £5,653,220 in tax relief incentive.^[1]
In 2022, CIG UK received £6,948,322 in tax relief incentive.^[1]

Closure

The Video Games Tax Relief will be closed to all productions from 1st April 2027, however video game companies may be able to continue to receive relief under the Video Games Expenditure Credit scheme.

References

↑ ^1.0 ^1.1 Cloud Imperium Uk Ltd, Annual report and group financial statements for the year ended 31 December 2022

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[:0-1] 1.0 ^1.1 Cloud Imperium Uk Ltd, Annual report and group financial statements for the year ended 31 December 2022

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