On 23 June 2023, the Digital Games Tax Offset (DGTO) became law1. The DGTO is intended to provide eligible video game developers with a 30% refundable tax offset for qualifying Australian development expenditure. Whilst this is a flashy headline, what does it actually mean in plain English? Typically, a tax offset is an amount of money spent by a company which can be used later to offset the tax you have payable. In the case of the DGTO, it is a refundable offset.
