![]() GTA V, a satirical game set in a fictionalised California, qualified in 2015. To qualify, games must score at least 16 out of a possible 31 points attributed for British settings, characters and development, and promoting cultural diversity. To qualify for the tax relief scheme, games under development must pass a cultural test administered by the British Film Institute that establishes a significant contribution to British culture. The sum is equivalent to 19% of the total relief paid to the entire UK games industry since 2014, TaxWatch reports. It received £42m in tax credits from the government’s video games tax relief scheme, which was set up in 2014 to bolster the UK’s £5bn games industry, much of which is made up of small and medium-sized developers. According to Take-Two earnings reports, GTA V’s online component, GTA Online, has generated hundreds of millions in revenue.īut the company paid no corporation tax between 20. It racked up £1bn in its first three days on sale in 2013. ![]() ![]() ![]() GTA V has sold more than 100m copies, making it one of the most profitable entertainment products of all time. ![]()
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