Entertainment & Music @ Prager Metis’ Post

🎬 Welcome back to #Ampahtakeaways! 🍿 This week's spotlight is on #intention – crucial for claiming Creative Industry Tax Relief or Audio Visual Expenditure Credit #AVEC. 🌟 Your production needs a clear aim for broadcast or theatrical release during the claiming period. 🎭✨ Prove your intention with: 1️⃣ Finance Plan: Show at least 5% of revenue destined for theatrical release. 2️⃣ Format: Ensure your production suits cinemas or broadcasts. 3️⃣ Intent Contract: Demonstrate the plan to secure a cinema or broadcaster deal. Don't trip up! 🚀 Always keep evidence handy for when HMRC comes knocking. #Ukfilm&TV #filmmaking

Don't miss out on the 2024 Film Finance & Distribution Seminars - learn the insider secrets they don't teach you at Film School! Access funding, grants, and tax incentives before it's too late. Link in bio for more details and to get tickets. #FilmFinance #Distribution #HollywoodAccounting #Seminar #GetTicketsNow

Master the financial aspect of your Film & TV project with our specialist accounting services. Learn more on our website. #FilmTVFinance🎬 👉🏻thebeancounters.biz

Following the recent Spring budget, Jeremy Hunt announced tax breaks designed to boost the country’s film industry, and Hollywood stars Idris Elba and Keira Knightley both got a mention. To find out more about the Spring Budget, read the full article here. https://bit.ly/3VycG4A #springbudget #taxbreaks #ukfilmindustry #legalnews

How do film productions choose their locations? Many consider the film tax incentives offered by states. For example, Georgia issued $1.3 billion in credits last year, making it one of the top destinations for big productions. But do these incentives offer long-term economic benefits, or are they just a temporary boost? This debate continues as states compete to lure Hollywood dollars. #Taxes #TaxIncentives #Entertainment #Georgia https://lnkd.in/eUZE8AXU

The term C-47 sounds important, right? In the film industry a "C-47" is a wooden clothespin, commonly used to clip diffusion material to hot lights. Supposedly, spending good money on clothespins was crazy to accounting types, thus the name change made by film crews in order to discourage questions from accounting. Used in a sentence: "Good thing accounting approved all these C-47s." #northcoastmediagroup #videoproduction #professionalvideo #northcoastvideoglossary #video

How do film productions choose their locations? Many consider the film tax incentives offered by states. For example, Georgia issued $1.3 billion in credits last year, making it one of the top destinations for big productions. But do these incentives offer long-term economic benefits, or are they just a temporary boost? This debate continues as states compete to lure Hollywood dollars. #Taxes #TaxIncentives #Entertainment #Georgia

🎬 **Unlock the Secrets of Union Film Production!** 🎬 Are you ready to take your film project to the next level? Mastering the essentials of union film production is crucial for success. Start by diving into the specific union rules to ensure compliance. Prepare a detailed budget to keep your finances in check. Finally, make sure you account for all labor expenses, including fringes. With these steps, you’ll be well on your way to a well-prepared union production! 🌟 #FilmProduction #UnionRules #FilmmakingTips #FTVConsulting #independentfilmmaking #entertainmentindustry #consulting

It is great to see this incentive extended. Ireland’s role in the film industry has solidified in recent years. Growth in this sector means growth in film-related employment generally as well as the bringing of talent / workers into Ireland, naturally. There are a number of #immigration options available to non-EEA / Swiss workers and talent. The main options include:- 1. 14-day business permission for travel to Ireland for work purposes amounting to a maximum 14 days. 2. Atypical Working Scheme for periods of up to 90 days. 3. Sport and Cultural Employment Permit (or indeed other permit types subject to requirements / conditions) for work needs that exceed 14 days. It’s important to note that anyone coming to Ireland for work purposes must have a valid permission to do so. Applying for such permissions takes time and planning. Immigration should therefore be part of the planning process for any Irish-based production from the beginning. #Fragomen #Film #IrishFilm

Here's my advice to the Toledo Film industry based on my experience in Michigan, for every $1 you give to out-of-state companies, give $2 to local film makers. $1 for production and $1 for MARKETING. Making movies is easier than marketing them. Most people are absolutely clueless about what it takes to market a film and even more clueless about "Hollywood accounting". Don't make the same mistake Michigan made by paying Hollywood millionaires to use folks for a gig economy and produce no lasting industry. Ps. If you're looking for a script, I've got a couple for ya :) https://lnkd.in/gaw4R_Gb