All publications by tag «VGTR»
Sony, Sega and WarnerMedia claim millions in UK tax relief
Under UK’s Video Games Tax Relief (VGTR) system, game developers can claim back up to 20% of some production costs. Warner Media, which owns Rocksteady (Batman: Arkham series) and Traveller’s Tales (the Lego games), used the policy to claim up to £60m in corporation tax relief. Sony claimed around £30m, while Sega received a £20m tax reduction.
Guardian published these findings to restart the discussion on whether VGTR creates inadequate tax avoidance opportunities.