Tax Credit - AUSTRALIA, QUEENSLAND

http://www.screenqueensland.com.au/pftc/funding/content.asp?pageid=660&top=2&menuparent=641
How much will be provided and in what form?

1. Location Scouting - a grant up to a certain amount based on the anticipated Queensland spend. Support through the scouting programme is available for projects prior to commencement of pre production and prior to or during financing.

2. Labour and Heads of Department Incentives - Australian Productions (includes projects that are eligible to apply for the producer offset) - grants up to a maximum amount based on the anticipated Queensland spend.

(a) Labour Incentive

12.5% of the basic salary/wage costs (other than rebatable payroll tax) of bona fide Queensland cast and crew employed on the production. There is a remuneration package ceiling of $2,500 per week per employee. Employees earning in excess of this amount are included with the incentive calculated by reference to the ceiling rate. The incentive is capped and linked to Queensland production expenditure. Thresholds are determined by the location of the production company's usual place of business:

Production companies based in Queensland:

- Queensland expenditure A$1m - $3m - maximum A$15,000;
- Queensland expenditure A$3m-$9.99m - maximum A$50,000;
- Queensland expenditure A$10m-$14.99m - maximum A$75,000;
- Queensland expenditure A$15m+ - maximum A$100,000.

Production companies based interstate:

- Queensland expenditure A$5m-$9.99m - maximum A$50,000;
- Queensland expenditure A$10m-$14.99m - maximum A$75,000;
- Queensland expenditure A$15m+ - maximum A$100,000.


(b) Heads of Department Incentive

Applicants may be eligible for up to two incentives, based on the following thresholds:

- Queensland expenditure A$5m - one Head of Department incentive of A$25,000;
- Queensland expenditure A$10m -two Head of Department incentives totalling A$50,000.

Each eligible Head of Department must:

- Be directly employed by the production for a minimum ten (10) week period;
- Hire a minimum of four (4) bona fide Queensland crew in the department as direct subordinates.


3. Labour and Heads of Department Incentives - International Productions - grants up to a maximum amount based on the anticipated Queensland spend. International productions with QPE of AU $40m+ are eligible to apply for a production attraction grant. Please contact Jess Conoplia, jconoplia@screenqld.com.au, for more details.

(a) Labour Incentive

12.5% of the basic salary/wage costs (other than rebatable payroll tax) of bona fide Queensland cast and crew employed on the production.

There is a remuneration package ceiling of $2500 per week per employee. Employees earning in excess of this amount are included with the incentive calculated by reference to the ceiling rate. The incentive is capped and linked to Queensland production expenditure.

Drama productions (including animation productions):

- Queensland expenditure A$5m-$9.99m - maximum A$200,000
- Queensland expenditure A$10m-$14.99m - maximum A$400,000;
- Queensland expenditure A$15m-$19.99m - maximum A$550,000;
- Queensland expenditure A$20m-$24.99m - maximum A$700,000;
- Queensland expenditure A$25m-$29.99m - maximum A$850,000;
- Queensland expenditure A$30m+ - approach Screen Queensland directly for clarification of the incentive.


Non-drama productions (including reality):

- Queensland expenditure A$5m-$9.99m - maximum A$100,000;
- Queensland expenditure A$10m-$14.99m - maximum A$200,000;
- Queensland expenditure A$15m+ - maximum A$300,000.


(b) Heads of Department Incentive

Applicants may be eligible for up to two incentives, based on the following thresholds:

- Queensland expenditure A$3.5m - one Head of Department incentive of A$25,000;
- Queensland expenditure A$5m -two Head of Department incentives totalling A$50,000.

Each eligible Head of Department must:

- Be directly employed by the production for a minimum ten (10) week period;
- Hire a minimum of four (4) bona fide Queensland crew in the department as direct subordinates.


4. Queensland State Payroll Tax Rebate - Australian and International Productions - rebate up to a certain amount based on the eligible payroll for productions.

- Single project - Queensland expenditure $3.5m;

OR

- Two (2) or more productions with individual Queensland expenditure of $1m and combined Queensland expenditure of $5m, within a four (4) year period, by one (1) production company or production services company (known as bundling).

This rebate is paid directly by the Queensland Office of State Revenue from its funds. Screen Queensland facilitates these claims on behalf of eligible productions.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!