Navigating PDV Rebates

Planning a film involves numerous considerations, especially if you aim to qualify for the Post, Digital and Visual Effects (PDV) Offset rebate in Australia. The PDV Offset is a 30% rebate on qualifying Australian production expenditure (QAPE) related to post-production, digital and visual effects work conducted in Australia, regardless of where the project is filmed. Here are some key points to consider during the planning phase:

Understanding Eligibility and Guidelines

To be eligible for the PDV Offset, your production must incur at least $500,000 in PDV-QAPE. It’s crucial to familiarise yourself with the guidelines provided by the Department of Infrastructure, Transport, Regional Development, Communications and the Arts. These guidelines outline the specific criteria and documentation required for the rebate.

Budgeting and Financial Planning

Ensure that your budget includes detailed allocations for post-production, digital and visual effects work. All production expenditure and QAPE incurred in foreign currencies must be converted into Australian dollars using the exchange rate for the day on which PDV activity commenced. An independent auditor’s statement verifying the particulars of the production expenditure is also required when applying for the PDV Offset.

Engaging Local Talent and Facilities

To maximise your rebate, consider engaging local post-production, digital and visual effects facilities and services. This not only supports the local industry but also ensures that your expenditure qualifies for the rebate. Different states in Australia offer additional PDV incentives, so it’s worth exploring options in New South Wales, Victoria, Queensland and South Australia.

Documentation and Compliance

Maintain thorough documentation of all expenditures related to PDV activities. This includes contracts, invoices and receipts. Ensure that all transactions are conducted at arm’s length and are commercially reasonable. Proper documentation will facilitate the auditing process and help you meet the eligibility criteria for the rebate.

State-Specific Incentives

In addition to the federal PDV Offset, various Australian states offer their own incentives to attract film and television productions. For example, New South Wales offers a PDV rebate through Screen NSW, while Victoria provides a PDV incentive through Film Victoria. These state-specific incentives can provide additional financial support and reduce overall production costs.

Planning a film with the aim of qualifying for the PDV Offset rebate requires careful consideration of eligibility criteria, budgeting, local engagement, documentation and compliance. By understanding and adhering to the guidelines, you can maximise your chances of receiving the rebate and support the growth of the local screen industry.

Unlock the full potential of your film project and secure your 30% PDV Offset rebate! Our team of industry experts is ready to help you navigate eligibility criteria, fine-tune your budget, and ensure every expenditure is meticulously documented. Whether you’re just starting your planning or need a final review, we’re here to guide you every step of the way.