StarCitizen:Video Games Tax Relief/Upstream

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.

StarCitizen:Cloud Imperium UK Ltd is entitled to the VGTR.

Amount

• in 2021, CIG UK received £5,653,220 in tax relief incentive.<ref name=":0">Cloud Imperium Uk Ltd, Annual report and group financial statements for the year ended 31 December 2022</ref>
• In 2022, CIG UK received £6,948,322 in tax relief incentive.<ref name=":0" />

Closure

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

See also

• StarCitizen:Coutts & Co loan

References

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