Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


SA drops cap on foreign film tax return

13 October 2011, 15:30

Cape Town – South Africa has done away with a cap on its film rebate scheme which will make it easier for big budget productions - both local and international - to shoot in the country, reports The Hollywood Reporter.

In the past, South Africa’s tax rebate program had been restricted to R20m per project. However, the new program ensures that there will be no limit on the tax refunds productions can claim. The new scheme has been in effect since the start of October. Any international production that qualifies for the scheme can claim the 15% tax rebate on the entire local spend for its South African shoot.

Last year, the tax rebate cap was increased due to demand from international companies who wanted to shoot more material in the country. The 3D live action film Dredd starring Karl Urban and Lena Heady, ushered in a new era of foreign film production in South Africa. Shooting of DNA films’ reboot of the 1995 sci-fi thriller took place at the new Cape town Film Studios, and it is estimated that the production spent close to R157 822 000 locally.


Foreign productions will still need to qualify for the tax reimbursement by adhering to a list of requirements. A foreign production must shoot in South Africa for a minimum of four weeks so that at least half of the film's principle photography makes up the final product. A minimum spend of R12m has been set in place for foreign productions including feature films, mini-series, TV-movies, documentaries, long-running dramas and animation.

South African films, however, have been set lower standards in order to qualify and will also receive a bigger tax return than their foreign counterparts.

British comedian and actor Stephen Fry was in Cape Town earlier this year to film the movie The Borrowers and noted that he was "deeply impressed" with Cape Town Studios where filming took place.

Other foreign films that have recently shot in South Africa include Winnie starring Jennifer Hudson and Safe House starring Ryan Reynolds and Denzel Washington.

The latest project to be confirmed for shooting in South Africa is the next James Bond instalment titled Bond 23.

- Channel24


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilson Ochieng
DP Ruto accuses Raila of selling ...

DP Wiliam Ruto has castigated Raila Odinga for seeking western support to fund his 2017 election bid. Read more...

Submitted by
William Korir
Peter Kenneth announces Uhuru 201...

Peter Kenneth has announced that he will support President Uhuru Kenyatta in the 2017 elections. Read more...

Submitted by
Wilon Ochieng
Labour Party to dump both Jubilee...

The Labour Party of Kenya is likely to avoid supportoing both the CORD and Jubilee factions during the 2017 General Elections. Read more...

Submitted by
William Korir
Ukambani MP quits Jubilee, to run...

An Ukambani MP has quit the Jubilee Party, citing voter apathy as his reason behind leaving the ruling coalition. Read more...

Submitted by
Victor Tinto
Government launches probe into Po...

The government has launched an inquiry into the circumstances that could have led to two National Police Service helicopter accidents in August and September this year. Read more...

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...