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Hi Tryingtomakeit The States have offered between 10 and 15 %...

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    Hi Tryingtomakeit

    The States have offered between 10 and 15 % incentive as well. This was announced last year but Qld has recently dropped their threshold. Herewith an extract fromthe most recent announcement.Queensland becomes the third state in the last two years to announce a tax rebate or offset for game developers. NSW announced a 10% offset with a threshold of $500,000 in September this year, and South Australia announced a 10% rebate with a threshold of $250,000 in June 2020.IGEA, the Independent Games and Entertainment Association, has thrown its support behind the decision. “IGEA welcomes the release of the guidelines for Queensland’s very competitive 15% Digital Game Incentive.“This generous level of government support will be a huge boost for the sector creating more employment, investment and export revenue for Queensland, ensuring game developers can deliver high-quality products to an ever-growing global games audience.”The rebate’s announcement has already prompted moves within the local industry. Melbourne developer PlaySide has since opened a Gold Coast studio in anticipation of the new incentives.
    The States are adding to the incentive, with Qld now offering 15%.
    So 45% all up ( Federal + State).
    Great news in the context of EPS
    Rokewa
 
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