When South Africa made the quantum leap from apartheid to liberation, faced with the task of creating equal opportunities for a population of 40 million (the majority previously disenfranchised), the last moral and socioeconomic imperative was the film and television industry. Yet 20 years later, this sector is one of the fastest growing, and the country has an international reputation as one of the leading film destinations on the planet. Credit here goes to government support, in the form of relatively rapid, robust and regularly revised incentives schemes established and managed by the Department of Trade and Industry (DTI), which identified important areas for government intervention. Current incentives include:
» The Foreign Film & Television Production Incentive, which offers a 20% rebate on minimum (qualifying spend) of $1.2 million and 20% uncapped on spend after that, and if spend is post-production, the rebate can go up to 25%.
» The South African Film and Television Production and Co-production Incentive, which aims to assist local film producers in the production of local content, offers a 35% rebate up to first $600,000 of qualifying expenditure, and 25% uncapped thereafter.
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