Untangled Octopus

https://if.com.au/screen-australia-launches-toolkit-to-help-producers-attract-private-investment/?utm_content=381361308&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2398042

Screen Australia launches toolkit to help producers attract private investment - IF Magazine Screen Australia has released a free interactive toolkit designed to bolster private investment in the sector, with resources for both producers and investors.

Producing a film or TV project in Australia?

One of the biggest financial opportunities available to productions is the Producer Offset and PDV Offset — but the reporting and accounting requirements can quickly become complex.

At Untangled Octopus we specialise in production accounting for film and television, helping producers keep their finances organised while ensuring they meet the requirements needed to access these incentives.

We support productions with:

• Production bookkeeping and accounting• Cost tracking and production budgets• BAS and financial compliance• Producer Offset financial reporting• PDV Offset financial reporting• Clear financial reporting for investors and funding bodies

Our goal is simple: untangle the finances so producers can focus on making great content.

If you're developing or producing a project and need accounting support, feel free to reach out to [email protected]
+61430618777

Employers be aware of new payment rules for employee super.

#ato #super #paydaysuper #employers | Emma Rosenzweig Payday Super news Today the government has introduced legislation into parliament to give effect to Payday Super. The Bill confirms that from 1 July 2026, employers will need to pay super at the same time as salary and wages. Employers should begin preparing now to be able to pay their super contrib...

https://www.linkedin.com/posts/institute-of-public-accountants_software-subscription-services-power-modern-activity-7358013982474973185-WDV_?utm_source=share&utm_medium=member_ios&rcm=ACoAAAQwih4BHu1iH5sosbHH5JiZloBPIg_S65w

Software subscription services power modern business but can bring hidden costs and complexity. | Institute of Public Accountants posted on the topic | LinkedIn Software subscription services power modern business but can bring hidden costs and complexity. For SME accountants, poorly managed subscriptions mean inefficiency and wasted money. This guide explains how structured planning and tough questions can turn inefficiencies into strategic value: https://...

https://if.com.au/nsw-government-unveils-380m-screen-and-digital-games-support-package-with-100m-capital-fund-for-second-sydney-studio/?utm_content=335563779&utm_medium=social&utm_source=linkedin&hss_channel=lcp-2398042

NSW Government unveils $380m screen and digital games support package, with $100m capital fund for second Sydney studio - IF Magazine Nearly two years after it threatened to cut screen funding, the NSW Government is stepping up its investment in the sector, revealing a $380 million package of screen and digital games support as part of the 2025-26 Budget, including a $100 million capital fund towards a second Sydney studio.

The battle of local Australian state Incentives continues..

Screenwest ups PDV rebate to a flat 20 per cent on all qualifying… | Marc Ireland The battle of the states gets more interesting on the incentives field.

https://www.hollywoodreporter.com/movies/movie-news/trump-tariff-movies-produced-outside-america-1236206949/

Trump Says He’s Instituting a “100% Tariff” on Films Produced Outside of the U.S. Because the “Movie Industry in America Is Dying” The president posted that Hollywood and other areas are "being devastated" due to "a concerted effort by other Nations," which constitutes a "National Security threat."

Threshold now lowered to $350k.

Need help call an Untangler now +61 2 8046 6882

Screen NSW on LinkedIn: #screennsw #digitalgamesrebate #digitalgames #gaming… The digital games sector in NSW is powering up thanks to our Digital Games Rebate expenditure threshold, which has now been lowered to $350,000! The Digital Games Rebate offers a 10 per cent rebate on qualifying NSW expenditure for eligible digital games, nurturing homegrown developers, attracting a...

Untangled Octopus bringing straightforward solutions to a new era of investment.

There is no doubt Australian film and television production has experienced an uptick in past few years as multinational companies such as Netflix, Paramount, Apple and Disney have entered the market.

While the local industry remains strong, rising interest rates coupled with global uncertainty over ongoing US actor and writer strikes, LA fires,new president as well as the Russo-Ukrainian war have made investments harder to achieve.

Enter Untangled Octopus, a boutique business advisory and accounting firm majoring in film, tv and sport while also providing services to clients outside of creative industries.

The company is helmed by co-founder and CEO Marc Ireland, an experienced financial executive whose career has featured stints at Disney Animation Australia, NBC Universal, UKTV London, Southern Star, UK, Oxford Scientific Films and Carnival London (Downton Abbey fame) and Channel 9 amongst many others.

His team can offer business advice (including set up for startups), corporate and management accounting, bookkeeping, Production accounting, payroll, BAS, GST, Tax returns, FBT, and EMDG.

Untangled Octopus is also a leading advisory and application service for State and Federal incentives such as the Producer and PDV offsets. ‘We will get involved from the start of production, produce and submit the application, manage the initial audit and PDV assessment audit until you receive the certificate to lodge into your tax return for the ATO. It is quite a long and arduous process but as we are quite experienced having completed many applications the process runs smoother and efficiently. So you get you credit or money back quicker.”

Productions to have engaged Marc Ireland and Untangled Octopus include Lion King 2, Dancing with The Stars, Top Gear Australia, Boss Baby, Abominable and the Invisible City, Meerkat Manor, The Croods: Family Tree, Bad Guys (TV series), Dragons: The Nine Realms and the Gabby Dollhouse series.

According to Ireland, the business has “international and local knowledge” in financing and accounting for TV, film, games, and start-ups, including live and animated productions, while also carrying experience in corporate financial and management accounting, having worked across small and large international corporations.

Find out more information about what Untangled Octopus can offer at uocto.com or call an Untangler on +61 2 8046 6882.

https://www.screenaustralia.gov.au/sa/media-centre/news/2024/12-17-drama-report-2023-2024

Screen Australia announces new Research Program: Drama Report 2023/24 reveals $1.7 billion spent on drama production in Australia - Media centre - Screen Australia Screen Australia has announced an expanded research program to empower the local screen industry and related partners.