On 13 August 2020, HMRC published their annual Creative Industries Statistics. The statistics highlight the impact of VGTR amongst other tax reliefs for the Creative Industries.
There were 150 British video games completed in 2019-20 which claimed Video Games tax relief (VGTR), with UK expenditure of £355 million. These figures are likely to increase as more claims are received by HMRC. Since the relief was introduced in 2014, 1,375 video games have made claims, accounting for £3.7 billion of UK expenditure.
Each game may make several claims during the production process. One claim can also be made to cover several games. In 2019-20, 350 claims were made for a total of £121 million, which represented 605 games.
Since VGTR was introduced, a total of £444 million has been paid out to 1,460 claims.
The statistics can be read in full here.