Registration is open for the Game Development Sector Rebate, announced in Budget 2023 earlier this year. The Government provided funding of $40 million per annum for delivering and administering a rebate for the game development sector, with a view to support the ongoing development and growth of game development in Aotearoa New Zealand.
The Game Development Sector Rebate (GDSR) is a rebate on eligible expenditures of eligible firms, at a rate of 20%. A firm’s rebate payment will be capped at $3 million per annum and the minimum qualifying expenditure per annum is $250,000. The GDSR is effective as of 1 April 2023 which means that eligible firms will be able to count eligible expenditures from this date.
To read more about the scheme and find out if you’re eligible, click here