Friday, August 27, 2010

QFB Seminar at Showbiz Store NYC

QuickFilmBudget.com will be leading another exciting free seminar "How To Get Your Script into Production".

- We'll discuss Pre-Production and Production strategies

- Nolan Lebovitz ("Tortured" Sony 2008) and Adam Lebovitz ("UNREST" Lions Gate 2007) will reveal budgeting tips

- QFB Budgeting Technology will be demonstrated to create a sample film budget.

- ATTENDEES RECEIVE 10% DISCOUNT OFF NEXT BUDGET!

When: September 1 @ 6:30pm
Where: Showbiz Store and Cafe NY
19 W. 21st St.
Ground Floor
New York, NY 10010
RSVP: http://www.eventbrite.com/event/810421994

Check QuickFilmBudget.com for a sample film budget!

Tuesday, August 24, 2010

QFB sponsors Big Bear Horror Fest!

Quick Film Budget is now a proud sponsor of the 2010 Big Bear Horror Film Festival! The festival will go from October 15th to the 17th. Make your reservations now!

At the film festival, QFB will be delivering a seminar "How To Get Your Script Into Production".

We will be sponsoring more festivals in the months to come. As QFB's reputation grows, we will continue to create partnerships with festivals we feel truly champion the indie filmmaker.

Check QuickFilmBudget.com for a sample film budget!

Wednesday, August 18, 2010

Showbiz Store now sells Quick Film Budgets!

ShowbizSoftware.com and its Showbiz Store and Cafe in Los Angeles and New York are now selling Quick Film Budgets!

Quick Film Budget will soon offer its modifiable budgets as a Showbiz Software file as well.

Check out www.quickfilmbudget.com for a sample film budget.

Tuesday, August 10, 2010

Seminar at Showbiz Store

QuickFilmBudget.com will be leading another exciting free seminar "How To Get Your Script into Production".

- We'll discuss Pre-Production and Production strategies

- Nolan Lebovitz ("Tortured" Sony 2008) and Adam Lebovitz ("UNREST" Lions Gate 2007) will reveal budgeting tips

- QFB Budgeting Technology will be demonstrated to create a sample film budget.

- ATTENDEES RECEIVE 10% DISCOUNT OFF NEXT BUDGET!

When: Wednesday Aug 11th @ 7 pm
Where: Showbiz Store and Cafe
500 S. Sepulveda Blvd., 1st Floor
Los Angeles, CA 90049
RSVP: http://www.eventbrite.com/event/770569795?ref=ecal

Friday, August 6, 2010

Showbiz Store

Quick Film Budget would like to thank the Showbiz Store and all of the filmmakers who attended our seminar yesterday morning "How to Get Your Script Into Production". Where we give tricks and ways to move your project forward.

For people who missed it, we will be having another seminar at the Showbiz Store.
When: Wednesday Aug 11th @ 7 pm
Where: Showbiz Store and Cafe
500 S. Sepulveda Blvd., 1st Floor
Los Angeles, CA 90049
RSVP: (310) 471 - 9330
Check QuickFilmBudget.com for a sample film budget!

Thursday, August 5, 2010

Tax Credit - United Kingdom

http://www.ukfilmcouncil.org.uk/
The aid takes the form of an enhanced tax deduction and a payable
film tax credit. The enhanced tax deduction allows a film production company to
benefit from a higher deduction for certain production costs than the normal UK tax
rules would allow. The payable film tax credit allows the film production company to
receive a cash payment of up to 25% of any tax loss (after applying the enhanced tax
deduction). The costs which qualify for the aid are the pre-production, principal
photography and post-production expenditure by the beneficiary on goods or services
that are used or consumed in the UK (“qualifying UK costs”).
The details of the two components of the aid are as follows:
(a) The enhanced tax deduction allows up to 80% of the total qualifying UK
costs (which can be deducted in full under the normal UK tax rules) to be
deducted again from the taxable profits of the beneficiary at the following
rates: 100% in the case of a film whose pre-production, principal photography
and post-production expenditure is £20 million or less; 80% in the case of films
with a higher production budget. The film production company can set this
additional deduction against income from the film in question, reducing its UK
tax liability for income generated by the film.
(b) The payable film tax credit allows a film production company to claim a cash
payment for any tax loss (after applying the enhanced tax deduction) up to the
80% limit on the qualifying UK costs mentioned above. The UK Government
pays the film production company a cash payment of 25% of the losses in the
case of a film whose total pre-production, principal photography and post-
production expenditure is £20m or less; and 20% in the case of films with a
higher production budget. These losses can no longer be set against income or
relieved in any other way.
The way that the 80% limit on the qualifying UK costs is applied (see paragraph (18))
means that neither the enhanced tax deduction nor the payable film tax credit can be
claimed on the remaining 20% of the qualifying UK costs incurred by the beneficiary
or on other costs related to making the film. Therefore, any expenditure above 80%
(and any non-UK expenditure on the film incurred by the beneficiary) is dealt with
under the UK’s normal tax rules.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Wednesday, August 4, 2010

Tax Credit - TRINIDAD & TOBAGO

http://www.trinidadandtobagofilm.com/incentives.asp
The Trinidad & Tobago Film Company (TTFC) has recently introduced a competitive rebate program with a view towards attracting International producers to Trinidad & Tobago. This incentive, the Production Expenditure Rebate Program, provides cash rebates up to 30% for expenditures accrued while filming in these two islands. The rebate increases as the budget spent increases.
These rebates apply for the following areas of filmmaking:

Rental of local equipment, supplies and services
Payment to the Police, Fire and Ambulance Services
Wardrobe, props and related items
Location fees
Employment of local cast and crew
Accommodation and food
Local travel and transportation costs (including drivers)
The TTFC will evaluate the applications with special reference to:

The total estimated expenditure in Trinidad and Tobago
The level of employment of Trinidad and Tobago crew
A script that does not portray Trinidad and Tobago in a negative light.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Tuesday, August 3, 2010

Tax Credit - TAIWAN, REPUBLIC OF CHINA (ROC) - Taipei City

Taiwan offers a film incentive in the form of a cash grant. The benefit, if all eligibility requirements are met, is that the film receives 20% of total personnel expenses for ROC national cast members; 15% of the total expenses for ROC nationals working as crew members for motion pictures filmed partially or entirely in Taiwan. If filmed and pre-produced or post-produced partially or entirely in Taiwan, there is an additional grant of 15% of local production expenditures. There are also incentives for qualifying animation projects and an additional grant of 5% for transport and accommodation expenses and insurance costs. There are no caps to the compensation for a film. The government has designated US$1,000,000 to the fund per year. The only criteria to qualify is that the local minimum spend is greater than US$100,000. The entities eligible to apply are foreign motion picture production enterprises with permission from the Government Information Office (GIO). At this time, there does not exist a sunset or review deadline to this film incentive program.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!

Monday, August 2, 2010

Tax Credit - South Korea-Seoul

http://eng.seoulfc.or.kr/
Film Production-Support Program
Provides up to 25%, or up to 100,000,000 KRW (approx. 89,000US$), as cash rebate on production costs (location spend) for film projects to be shot in Seoul. For projects with extraordinary high marketing value, the cap can be lifted.

Eligibility
Producers or production companies of any nationality with:
• A project with a minimum 6 shooting days (4 shooting days for infotainment) in Seoul
• An international or Korean-international co-production project
• A project with a minimum of 60 minutes running time
• A feature film, documentary, series and mini series, infotainment; theatrical or TV
• At least one signed distribution contract or pre-sales agreement for the project

Application
Accepted all year round, but at least 4 weeks before the shooting in Seoul begins.

Payment
50% cash on first day of principal photography, 50% cash after submission of final accounting*
* With performance bond policy. Without performance bond policy: 100% after submission of final accounting.
Remember to exclude the tax credit from your film budget.
Check QuickFilmBudget.com for a sample film budget!