There are two major UK tax incentives available for innovative and technology-driven businesses:
Research and Development (R&D) tax relief
A significant tax benefit often described as a super-deduction for development costs, designed to reward companies investing in innovation, software development and technical advancement.
Patent Box regime
A reduced rate of corporation tax on profits generated from patented inventions and intellectual property.
We help you identify, structure and maximise these reliefs to improve cash flow and support reinvestment in growth.
Video Games Expenditure Credit (VGEC)
The Video Games Expenditure Credit (VGEC) can provide valuable tax support for companies developing qualifying video games in the UK.
Eligible companies may claim a credit at a headline rate of 34% on qualifying expenditure, subject to the applicable statutory limits.
To qualify, the game must be intended for supply to the general public, pass the British Film Institute’s cultural test and meet the relevant UK expenditure requirements.
Qualifying expenditure generally includes costs directly related to the design, production and testing of the game, while marketing, promotional and distribution costs are excluded.
Our specialist team can help you assess your eligibility, identify qualifying expenditure and support you through the claim process, including the required additional information and corporation tax filings.