Producer Offset is better than New Zealand’s SPIF, according to Sinbad producer
Kiwi expat Grant Bradley, head of Limelight International, says it is easier to meet the Significant Australian Content test that it is to qualify for its NZ counterpart.
Bradley and his brother Dale are the minds behind Limelight International. They relocated from New Zealand in 2008, and opened a 1000sqm studio at Loganholme, Queensland.
The producer told Encore that Limelight has received a Producer Offset provisional certificate for all of its projects, with Beauty and the Beast about to apply for a final certificate. Although the tax incentive was not the main reason behind the Bradleys’ move to Australia, they think it is “a huge asset”.
“We certainly rely on it. We’re trying to work on the safe side and develop projects that will qualify easily.