From 1 October 2021, game development will be eligible for New South Wales’ 10% post, digital and visual effects (PDV) rebate. It is only the second state to introduce a tax offset for game development after South Australia.
This decision, announced by Minister for Jobs, Investment, Tourism and Western Sydney Stuart Ayres, follows the Federal Government’s announcement of a 30% Digital Games Tax Rebate, in that it will be available to game development projects that spend a minimum of $500,000 per year in Australia from July 2022.
