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A guide to...

R&D tax credits for video gaming

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An introduction to the R&D tax credit system

Spending money on new ideas can be risky, so many businesses shy away from it as it brings costs but not necessarily any income. In 2001 the UK government set up the R&D scheme to encourage companies, large and small, to put more time and effort into innovation.

Since then more than £6.5bn has been claimed as tax relief and the number of claims increases each year. However, Research & Development Tax Credits are still in the main misunderstood or bypassed by many companies as they believe it is not for them….

Many of them are wrong…. Don’t fall into that
pot and miss out.

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Included in this guide...

  • What is the R&D tax credit system?
  • Who is it for, could it be for you?
  • What are the two schemes for R&D tax credits?
  • Looking at qualifying criteria for creative companies
  • How to spot possible R&D work and projects
  • What cost can be put in an R&D claim?
  • Why make a claim?

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WardWilliams Creative provides business support, tax and accountancy services for people and brands working within the creative industries.

From TV to tattoos, architects to artists, fashion to food and bitcoin to branding – if creativity is at the heart of what you do, you’ve landed on the right page!

We are chartered accountants, tax advisers and consultants, who eat, sleep and breath the creative industries.

Our portfolio of creatives goes from the individual to big business, and we love them all the same. We are enthusiastic about what you do and how we can help you achieve your goals. It’s a privilege to join you on your journey of growth, development, profitability, world domination—whatever it is you are striving for, we can help you in a number of ways.

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