MMP Tax VGTR Services

MMP's VGTR Service

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VGTR service

GET REAL ADDED VALUE FROM VGTR

Our ISO 9001 certified delivery process follows five key phases and is readily adapted to our clients needs.

Our VGTR process

Video Games Tax Relief claims are sometimes seen as a simple matter of passing a cultural test, however this is just one stage of a process that requires expertise in order to benefit from the relief. Our process is tried and tested allowing us to carry out all the work required for a successful VGTR submission to both the BFI and HMRC while you do what you do best - making video games

Investigate

To get all the information we need we speak to several members of your technology and finance teams.

This is to get a better understanding of your internal processes and the people behind the projects.

Articulate

We’re experts at writing up video games submissions. following all the BFI and HMRC guidelines, emphasising how your Video Games meet the relevant requirements for Video Games Tax Relief . We do this in a clear way ensuring the points claimed in the Cultural Test submission are in the format the BFI require.

We follow all the BFI and HMRC guidelines, emphasising how your Video Games meet the relevant requirements for Video Games Tax Relief.

Calculate

From available cost data we prepare the budgets and work out the claim calculation.

We’ll also give you practical advice on improving future claims and whether you should consider setting up any Special Purpose Vehicles, and also whether there are other tax incentives you could be entitled to.

Incorporate

Once we have everything prepared for HMRC and obtained the Cultural Test certificate, our team will pull together ready for your review and approval before submission.

Communicate

We work directly and proactively with HMRC to minimise queries and delays, ensuring your claim is processed and approved without delay. We then let you and your accountants know that the claim has been approved and if we have any suggestions for future claims.

How do you charge?

Because each video games studio is different and the size of games varies a great deal between small and large studios, we offer fee rates, typically contingent, that we feel make sense.

How long does the process take?

We do our best to take as little time as possible. We have been making claims for our clients since the scheme began and use this experience to minimise your time input and fit in with your business demands. We can do our work in as little as 4 weeks (so long as you are as motivated as we are). The rest of the time will be taken by the BFI, HMRC and perhaps your accountants who often need some help submitting revised tax computations, expeically if you have not claimed before.

How much work do we need to do?

We actually do all the heavy lifting, but we do require raw information from you and we will need some of your time to answer questions. Let MMP take the strain of the claim!