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Budgeting for Film Productions and Creative Businesses

Budgeting for Film Productions and Creative Businesses

by Blake Jenkins | Sep 19, 2024 | Film & TV Production

Why Production Budgets Are Different from Business Budgets If you have ever tried to apply standard small business budgeting advice to a film production, you know it does not quite work. A production budget is not a 12-month operating forecast – it is a...
Superannuation for Film Crews and Creative Industry Workers

Superannuation for Film Crews and Creative Industry Workers

by Blake Jenkins | Aug 21, 2024 | Film & TV Production

Super in the Screen Industry is Complicated – Here is Why Superannuation is straightforward when you have a stable workforce of full-time employees who show up every day. But that is not how film and TV productions work. A typical production might engage 80-120...
When Should a Filmmaker or Producer Incorporate?

When Should a Filmmaker or Producer Incorporate?

by Blake Jenkins | Aug 16, 2024 | Film & TV Production

The Question Every Successful Creative Eventually Asks You started out as a sole trader. Maybe you were freelancing as a director, cinematographer, editor, or producer. You had an ABN, you invoiced your clients, and you lodged a tax return once a year. Simple. But...
Financial Strategies for Growing Your Production Company

Financial Strategies for Growing Your Production Company

by Blake Jenkins | Jul 23, 2024 | Film & TV Production

Financial Strategies for Growing Your Production Company Growing a production company is not the same as growing a typical small business. Your revenue can swing wildly between projects. Cash flow follows production cycles, not calendar quarters. And the financial...
Penalty for Failure to Lodge Activity Statement on Time (2026 Guide)

Penalty for Failure to Lodge Activity Statement on Time (2026 Guide)

by Blake Jenkins | Jul 19, 2024 | Business & Tax Updates

Late Tax Lodgement Penalties for Production Companies and Freelancers At a Glance: ATO Failure to Lodge Penalties (2025-26) Penalty unit value: $330 (from 7 November 2024) Small entity (under $1M turnover): $330 per 28-day period, up to $1,650 maximum Medium entity...
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