Fact Sheet on Timing of the Producer Offset Acquittal

In an effort to assist the production industry, a working group comprising representatives of the Department of the Environment, Water, Heritage and the Arts (DEWHA), Treasury, the Australian Taxation Office (ATO) and Screen Australia has identified possible interim solutions for delivery of the Producer Offset. Screen Australia has released a fact sheet outlining these solutions, which is available here. Producers and their advisers are strongly encouraged to seek advice in relation to these proposed solutions.

The ATO has confirmed that it has no concerns with film producers going into liquidation to obtain early access to the Producer Offset. The ATO's letter to that effect can be found here.