eLearning Studios - Nitin Thakrar, Managing Director
Thanks to a £60,000 tax credit opportunity identified by Harrison Beale & Owen (HB&O), the developers at eLearning Studios were able to complete the game to exceptionally high standards.
Tax advisers from HB&O assisted with the project by submitting successful claims for Video Games Tax Relief, providing payable tax credits in excess of £60,000.
Nitin Thakrar, managing director at eLearning Studios, said: “The build of the game has been a long and complex one, and without HB&O making us aware of the tax relief we wouldn’t have been able to complete the project to the high standards that we have done.” Nitin continued.
Neil Allcroft, senior tax manager at HB&O, said: “In addition to the video games tax relief, we have also assisted Nitin in successfully claiming research and development tax credits. Contrary to popular belief, research and development tax credits are available for any business that seeks to achieve an advance in any field of science or technology. This also encompasses seeking an appreciable improvement in any product or process. At HB&O. we would urge any company who is engaged in any form of engineering, design, development, IT innovation to contact us to explore if they can gain access to these tax credits.”