Income averaging: The concessional tax treatment every creative should understand

Don’t feel left out if you haven’t heard of this before. This is a very specialised aspect of tax. In fact, your accountant (unless they specialise in creative industries, like us!) might not [...]

[Series] Tax, accounting and filmmaking – Production and Post

If you’re reading this, you’re probably asking yourself “what do I do to better manage the money of my next – or current – production?” This is our third and final post in this [...]

[Series] Tax, accounting and filmmaking: Pre-production

You’ve made it through all the ‘pre-pre’ stages, and we’re ready to say this is a real project, greenlit and 100% ready to go ahead. It’s time to really get started. It’s time to dive into [...]

How do I apply for the Producer Tax Offset?

What is the producer tax offset? Before we dive in, a quick refresher. A tax offset normally reduces the amount of tax you actually pay. A refundable tax offset can actually generate a tax refund [...]

Getting Your Producer Offset Money Out Of Your Special Purpose Vehicle

When setting up a Special Purpose Vehicle (SPV) to use in the Producer Offset, you need to give some thought as to how you get the Offset out of the SPV to a relevant entity once it is paid. The [...]