New Zealand Announces Changes To Rebates For Inbound Production; 5% Uplift Simplified & PDV Threshold Reduced
deadline.comNew Zealand’s government has announced changes to its rebate schemes for both international and local production, the conclusion of a major review of the country’s incentives programmes that started in late 2022.
The tweaks include a name change – New Zealand’s Screen Production Grant (NZSPG) will now be known as the Screen Production Rebate (NZSPR).
However, the core rebate offered to international productions of 20% of qualifying New Zealand production expenditure remains unchanged.
The 5% uplift to the rebate, first introduced in 2014 to generate “greater economic and cultural benefits for New Zealand”, has been redeveloped to make it “simpler to navigate”, while the application criteria has been made “clearer and more objective”, according to a government statement.
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