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Kuju Ltd was claiming R&D Tax Credits with the assistance of their accountants when they ran into a number of technical hurdles...
Kuju Ltd has delivered over 125 video games for clients since its formation in 1998 and is a specialist in developing for AR, VR, consoles and PC platforms.
They have a rich history spanning almost 20 years, with hugely respected studio facilities in London (formerly Headstrong Games) and Brighton (formerly Zoë Mode).
They have worked with leading publishers on major titles including Guitar Hero, Art Academy, Zumba Fitness, Marvel Ultimate Alliance 2 and The Voice, along with innovative entertainment projects such as The Chainsmokers Paris: VR for Sony Music.
Kuju Ltd was claiming R&D Tax Credits with the assistance of their accountants when they ran into a number of technical hurdles.
They reached out to Myriad Associates as we specialise in R&D Tax Relief claims on behalf of computer game developers. Myriad very quickly resolved the technical issues and in addition were able to increase the scope and size of the R&D tax credits claim.
Myriad Associates undertook a thorough review of Kuju Ltd development projects, to establish those that qualified for R&D Tax Relief. Myriad Associates completed a detailed schedule of projects and provided easy to understand costing templates.
Myriad Associates' Technical Consultants then interviewed Kuju key technical staff, which enabled them to produce very accurate and detailed technical reports for Kuju to review.
Their technical knowledge of the statutes as well as their technical knowledge of video games allowed us to have a very good set of documentation to present to HM Revenue and Customs.
Brett Morris
Peace of mind that future R&D tax credits claims will be fully maximised by an R&D tax expert that specialises in video games development claims.
Myriad Associates have assisted Kuju Ltd with their R&D tax credits claims since 2012. In that time, Myriad Associates have successfully identified £4.2m of R&D expenditure across the Catalis Group’s companies.
To find out if your business is eligible for an R&D Tax Credit Claim, simply click here for a free eligibility call.
HMRC will not appeal tribunal rulings favouring SMEs on R&D tax credits. Decisions clarify subsidy rules, offering hope for ongoing claims. Further guidance expected early 2025.
Your company's size impacts your R&D tax claim. SMEs and large companies have different criteria, all the more important to know for scheme changes in 2024.
The new Additional Information Form (AIF) is required for Creative Tax Relief claims from April 2024. Ensure compliance and secure your tax credits with this guide.
Please contact us to discuss how working with Myriad can maximise and secure R&D funding opportunities for your business.
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