Section 1217C — Corporation Tax Act 2009: Availability and overview of video games tax relief

Availability and overview of video games tax relief 1217C 1 This Chapter applies for corporation tax purposes to a company that is the video games development company in relation to a video game.

2 Relief under this Chapter (“video games tax relief”) is available to the company if the conditions specified in the following sections are met in relation to the video game—

a section 1217CA (intended for supply),

b section 1217CB (British video game),

and c section 1217CE ( European expenditure ).

3 Video games tax relief is given by way of—

a additional deductions (see sections 1217CF and 1217CG),

and b video game tax credits (see sections 1217CH to 1217CJ).

4 But video games tax relief is not available in respect of any expenditure if—

a the company is entitled to an R&D expenditure credit under Chapter 1A of Part 13 in respect of the expenditure, or b the company has obtained relief under Chapter 2 of Part 13 (relief for loss-making, R&D-intensive SMEs) in respect of the expenditure.

5 Sections 1217CK to 1217CN contain provision about unpaid costs, artificially inflated claims and confidentiality of information.

6 In this Chapter “ the separate video game trade ” means the company's separate trade in relation to the video game (see section 1217B).

7 See Schedule 18 to FA 1998 (in particular, Part 9D) for information about the procedure for making claims for video games tax relief.