You set up a company for your production business. It’s a smart move. Asset protection, investor flexibility, a professional structure for grants and funding. All good things. But there’s a piece of tax law that comes with the territory, and if you haven’t heard of Division 7A yet, it’s worth getting across. It’s not complicated […]
Division 7A: What Filmmakers Running a Company Need to Know Read More »
At Above The Line Accounting, we’ve always believed that the strength of Australia’s screen industry lies in its community. It’s a community built on creativity, resilience, and diversity, and one with a proud history of supporting each other.
Why We Support Ones To Watch: 5 Reasons We Back Emerging Producers Read More »
Had a big year financially? It can be great: until tax time, when you not only need to pay more, but may also get slugged with a PAYG instalment for next year based on that big income. It’s enough to make you cry into your popcorn.
What Filmmakers Need To Know About Special Professional Income Averaging Read More »
The Producer Offset is a valuable tax incentive for Australian filmmakers – but for documentary creators, it comes with unique complexities.
A Guide to the Producer Offset for Documentary Filmmakers Read More »
Screen Australia introduced a major overhaul to its funding guidelines, marking one of the biggest updates in years. Now in effect as of July 2025, the changes will impact your budget, production timeline, and funding strategy if you’re looking for financial support from Screen Australia. We’ve broken down the key elements that impact filmmakers of
What Filmmakers Need to Know About the New 2025 Screen Australia Guidelines Read More »
Depending on whether you have an SPV, and the timing of expenses, spending money on a film can take several forms…
An Overview of Expenses Management for Filmmakers Read More »
Making a film is the ultimate act of creative collaboration. We know that filmmaking requires a whole crew of people: actors, directors, producers, production designers, editors, and more – all collaborating on the one vision.
Do I Need to Pay Superannuation to Sole Traders? A Guide for Aussie Film Productions Read More »
“We’re here to audit your accounts.” Is that a sentence that sends a shiver down your spine? It doesn’t need to be! At Above The Line Accounting, we know that audits can feel overwhelming, but they are an integral part of the film production process. In this blog, we’re going to walk you through what’s
Preparing for Audits: Ensuring Compliance in the Australian Film Industry Read More »
The production accountant plays a fundamental role in film and television productions. However, their presence on a film set extends far beyond merely reconciling accounts or maintaining the books. Instead, their role is an intricate part of the film-making process, starting from pre-production and continuing until the final wrap-up in post-production, often lasting years. We
The benefits of hiring a production accountant Read More »
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 where no tax has been paid. The Producer Tax Offset – sometimes referred to as just the Producer Offset –
How do I apply for the Producer Tax Offset? Read More »
