Updates: Video Games Development Company Manual
2023
Avoidance and disclosure: avoidance - valuation of core expenditure
Additional guidance on use of transfer pricing guidelines and third party comparables in claims to connected party expenditure. Clarification that inflated mark-up rates will be challenged.
2020
Eligible expenditure: ineligible expenditure
Added furlough section
2019
Added new procedure for claims in amended returns
2018
Avoidance and disclosure: Interaction with Research and Development Credits and State Aid
Updated R&D section to reflect latest R&D rules. Added sections on undertakings in difficulty and transparency.
Updated for new loss provisions
Losses: completion and later periods
Updated for new loss provisions
Losses: pre-completion periods
Updated for new loss provisions