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Tax Rebates and Desirable Currency

by admin, August 26, 2014

* The government offers tax rebates of 25 percent to 35 percent of qualifying expenditure on films made within South Africa. It paid out 250 million rand in incentives last year, 40 percent of which went toward international productions.

* The rand’s 32 percent slump against the dollar since the start of 2011 has also cut costs for productions financed from offshore.

* International Producers are always amazed on how they can build big, and incredible sets for a fraction of what they could be built for elsewhere.