THURSDAY, 21 SEPTEMBER 2023 | 1:00PM - 5:00PM (AEST) | ONLINE 

SPA Members: $90 (inc. GST) | Non-Members: $140 (inc. GST) 

Want to discuss a SPA Membership? Contact SPA.

COURSE OVERVIEW

The Producer Offset is an integral part of the finance plan for most Australian film and television projects. As such, the amount of work required to prepare and submit an application is reflective of this, taking weeks or months depending on the size of production. Small mistakes or missing information can significantly delay an application or reduce total QAPE, impacting the offset received by the producer from the ATO.

This SPA Masterclass aims to provide producers with the best practice approach to preparing for the Producer Offset. Over two sessions, expert speakers will cover key topics on provisional and final certification, including company structures, offset lending, interested party & reinvestments, and 40% eligibility. Screen Australia will also provide an update on application logging and assessment times before the masterclass finishes with a panel discussion and Q&A session.

Key Topics to be covered include:

Provisional Certification / Financing

  • Setting up for the offset
    • company structures
    • existing tax liabilities
    • interested party & reinvestments
  • Offset lending
    • What lenders expect to see
    • 40% eligibility
    • key considerations
  • Legal considerations
    • Documenting “re-investments” and “interested party” transactions
    • Loan agreements

Final Certification

  • Accounting practices
    • Capturing expenditure information
    • The general ledger
    • final cost report and balance report documentation
  • Application process and key considerations
    • Overview of application process and recent changes
    • benchmarking and quotes
    • ABL expenditure
  • Tax returns and Substituted Accounting Periods (SAP)
    • Can you speed up the process?
    • do you need an SAP?
    • Wait times on refunds
VIEW SPEAKERS

PROGRAM OUTLINE

1.00pm - 2.30pm

Part 1

Provisional Certification & Financing

2.30pm - 3.45pm

Part 2

Final Certification

3.50pm - 5.00pm

Part 3

Screen Australia Update | Q&A
REGISTER NOW

ABOUT SPA MASTERCLASSES

SPA Masterclasses are online intensives held quarterly by Screen Producers Australia (SPA) with the support of Holding Redlich and are designed to give Australian producers and their peers a competitive edge and valuable training on pertinent topics across all facets of the industry.

Masterclasses include presentations by experts from the legal, finance, industrial, business, and creative sectors as well as practical panel discussions with experienced producers who will share their valuable insights and knowledge. Masterclass topics will address current and important matters affecting practitioners working across the industry to ensure they have the most up-to-date information, expertise, and practical tools to remain relevant and successful in the dynamic industry we all love. 

SPA's Masterclass series is proudly supported by

Holding Redlich