Section 1217BC | Costs of the video game

(1)References in this Chapter to the costs of the video game are to expenditure incurred by the company on—

(a)video game development activities in connection with the video game, or

(b)activities with a view to exploiting the video game.

(2)This is subject to any provision of the Corporation Tax Acts prohibiting the making of a deduction, or restricting the extent to which a deduction is allowed, in calculating the profits of a trade.

(3)Expenditure that (apart from this subsection) would be regarded as of a capital nature by reason only of being incurred on the creation of an asset (the video game) is treated as being of a revenue nature.