VIDEO GAMES, VR
AND E-SPORTS

THE NEXT LEVEL

The global video games audience is estimated at 2.2 billion people and the global software market expected to grow from $137.9 billion in 2018 to an estimated $180.1 billion by the end of 2021. The opportunities for video games companies in the UK has never been greater, especially with the offer of highly valuable tax reliefs.

We work with a variety of companies within the industry from mobile gaming, to high-growth sectors such as VR, AR, MR and e-sports in the UK and beyond, helping them access Video Games Tax Relief and research and development tax reliefs.

We provide an extensive array of other services including general accounting and taxation, production accounting, production finance and fundraising. We work directly with the key financial institutions in the UK that provide lending secured against tax credits and we offer the best in structuring advice for new companies within the industry. We are known for proactively helping clients maximise profits and multiples, providing long-term strategic advice a view to a deal and in that regard our corporate finance team acts for both buyers and sellers in this fast-paced world. Our core services include the following;

  • Financial accounting and audit

  • Tax advice and compliance

  • VAT and payroll

  • Mergers and acquisitions

  • Due diligence

  • Corporate structuring, EIS and SEIS

  • Structuring of intellectual property rights

  • Raising games production finance

  • Applications and advice around VGTR

  • Auditor’s and accountant’s reports to lenders

  • Royalty audits and distribution deals

  • Management accounts

  • Staff incentive schemes

© 2020 Ross Bennet Smith Chartered Accountants

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