VGEC - what you need to know right now
What to expect from this session: Urban Ledgers will dive into all aspects of VGEC answer your burning questions, offering practical guidance for games businesses. After this session you will have a number of key takeaways, including answers to the following questions:
- When must I adopt VGEC? Can I adopt VGEC now?
- Our studio develops multiple games. Can I claim VGEC for some and VGTR for others?
- What are the headline differences between VGTR and VGEC?
- What does "used and consumed in the UK" actually mean?
- When I am better off claiming under VGEC / am I better off sticking with VGTR
- What is HMRC's view on connected party transactions and can I still use my SPV under VGEC?
- What if we have a foreign subsidiary? What's the impact on our claim?
About Urban Ledgers: Urban Ledgers is a specialist Chartered Accountancy practice working solely with clients in the games and interactive entertainment industry. This specialism means we have an in-depth understanding of the financial opportunities and challenges that game studios face, particularly against the backdrop of ever-changing tax regulations. We assist studios at all life cycle stages, from pre-seed/seed through to those studios at Series A and beyond.
Session Host: Catherine Davis, Founder of Urban Ledgers
Website: www.urbanledgers.co.uk
Contact Details: catherine@urbanledgers.co.uk
This session is part of Ukie's Month 2025, a series of curated webinars throughout May 2025, aiming to equip businesses with vital knowledge and insights from leading industry experts on challenges faced collectively within the industry. Each session will comprise of a 40-45 minute webinar, followed by Q&As from the audience and will be recorded and hosted on our UkieTV channel on YouTube.