If producer X completes any of their post, sound, music or VFX in Australia equal to or greater than AU$500,000 (approx. US$350,000 at 0.70c) they get 30% back on their Qualifying Australian Production Expenditure (QAPE) by accessing the Australian government’s Post, Digital & VFX Offset.
Let’s say producer X’s post-production budget on a US$7m feature shot outside Australia is US$560,000 (AUD$800,000).
This budget is greater than the AU$500,000 threshold for the Offset.
Note: This is only an example case study and excludes significant VFX and other favourable services that can be included in QAPE. Scroll down to see what VFX, post, sound and music services are included in QAPE.
For a complete list of services included in the PDV QAPE click here
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