This is a community that is deeply entrenched in our province. In a dramatic assertion of its authority, the house of lords has defeated the conservatives over the planned tax credit cuts. A new documentary to be shown this weekend at the excellent emerging lens film festival revisits the film tax credit cuts of the summer of 2015 and the real problems it created for nova scotias many film industry workers. Mayor mike savage on the ns film tax credit cuts art attack. The nova scotia government has been embroiled in a highprofile controversy for the past week following its decision to slash tax credits available to film and television production in the province. The parable of the nova scotia film tax credit youtube. Please check back at a later date for information regarding application dates for the new tax credit program. George osborne said in his autumn statement that he. An earlier motion, delaying the cuts until the government responds to the institute for fiscal studies assessment, was also approved by. Oct 26, 2015 the government has been dealt a major blow after the house of lords voted to delay tax credit cuts and to compensate those affected in full. On july 1, 2015, a new nova scotia film and television production incentive fund began. Ndp leader maureen macdonald asks about the film tax credit in question period duration. Trailer park boys launch appeal to save nova scotia film tax credit. Of course you may have to use a certain amount of local vendors to qualify, but every offer is different.
Director of the centre for research in social policy do. May 21, 2015 of these cuts, the one receiving the most backlash has been that to the film industry tax credit. Apr 06, 2015 ndp leader maureen macdonald asks about the film tax credit in question period duration. The nova scotia film industry tax credit fitc ended on june 30, 2015 for film and television production. Apr 16, 2015 before the budget dropped, nova scotia and manitoba had the best film tax credit incentiveshighest amount of money that could be given back to productions for local spendingin canada. In character, the boys pleaded with fans of the show to write to the nova scotia minister of finance. The first week of april saw the introduction of significant cuts to the workingage benefits system. Nova scotia film industry tax credit slashed by liberal. Budget 2020 to 2021 government of nova scotia, canada. Apr 24, 2015 amid a fierce debate over the government of nova scotias decision to cut a popular film and television tax credit, a key justification for the decision is being called into question. Halifax members of nova scotias film industry say cuts to a tax credit will have a devastating effect on productions in the province. Due to the coronavirus situation, allocation period dates for program 3.
Last year, 23 of the productions that received the film industry tax credit did not conduct any filming in nova scotia, according to macrae. The film production tax credit program is designed to strengthen the film production industry in new york state and its positive impact on the states economy. Tax credit cut a stake through heart of nova scotias. The pwc report on the nova scotia film industry view 902. Social sharing as of july 1, tax credit for productions will drop. The premier says 63,000 of the lowest income nova scotians will no longer pay provincial income tax under the new regime, while those earning more. A production company can expense 50 per cent of every nova scotiabased employees labour costs to the government. The government has been dealt a major blow after the house of lords voted to delay tax credit cuts and to compensate those affected in full. Preserve the ns film and digital media tax credits.
As of july 1, tax credit for productions will drop from 100% refundable to 25% refundable. Peers voted in favour of a labour motion, which demanded full compensation for the lowpaid for at least three years, by 289 to 272. Nov 30, 2010 the film industry tax credit is a refundable tax credit for costs directly related to the production of films in nova scotia. Bonuses from frequent and countryside filming could bump that up to 65 per cent. Alaska ends film tax credit program tax foundation.
House of lords defeats the government over tax credit cuts. Its been a year since the government of nova scotias surreal. Nova scotias government has struck an agreement with members of the provinces film industry over the planned cuts to the film tax credit, the two sides announced thursday. Nova scotia premier says middleclass tax cut largest in. Amid a fierce debate over the government of nova scotias decision to cut a popular film and television tax credit, a key justification for the decision is being called into question. Film industry members in nova scotia have presented more evidence this week that the provinces tax credit cut has taken a toll on the local. The nova scotia film tax credit a numbers game the. Budget 202021 is governments fifth consecutive balanced budget. Film tax credit quarterly report, calendar year 2016. Nova scotia film tax credit slashed by liberals by 75%. Amid a fierce debate over the government of nova scotias decision to cut a popular film and television tax credit, a key justification for the. The provincial budget of 2015 was projected to be tough, and it was. Aug 22, 2019 the idea behind a film tax credit is pretty simple.
The first term of stephen mcneils liberal government was punctuated by a series of big moves that led to big fights. Members of nova scotias film industry say cuts to a tax credit will have a devastating effect on productions in the province. Mpis are popular with state officials and many of their constituents but often escape routine oversight about benefits, costs and activities. Research carried out by loughborough university has influenced the decision to scrap tax credit cuts. Should the liberals have eliminated the film tax credit. The number of film and tv jobs in nova scotia has plunged since the.
Film industry tax credit slashed in nova scotia cbc news. Members of nova scotias film and television industry protest outside the legislature in 2015 after the government proposed drastic cuts to an industry tax credit. Oct 23, 2015 tax credits cuts will leave key workers up to. In the last decade, state governments have enacted numerous movie production incentives mpis, including tax credits for film production. Nova scotia film industry ns television production. The most generous tax credit in nova scotia isnt the film tax credit. As a policy, film credits put alaska in a tough spot. Officials with the department of finance met with industry members on thursday for the fourth session of headtohead talks in about a week. A payroll tax cut was used as part of a stimulus package the obama administration negotiated in 2010, but jason furman, one of obamas top. Now that nova scotia has backed out of the race, its hooray for winniwood.
Film tax credit 2016 quarterly reports empire state development. Mar 10, 2020 a payroll tax cut was used as part of a stimulus package the obama administration negotiated in 2010, but jason furman, one of obamas top economic policy hands and lead negotiators on the. Nova scotia film industry supporters protest tax credit cut. In the nicest way possible, he said that the plan to cut to the film industry tax credit in particular need adjustment. Nov 26, 2015 research carried out by loughborough university has influenced the decision to scrap tax credit cuts. House gop health bill still cuts tax credits, raises costs by. Tax credits for film and tv production a race to the. Information on residency status for film and media productions. Film industry tax credit more money for the province as a whole as far as i. Emerging lens festival features documentary on ns film industry after the cuts april 17, 2017 0 comment a new documentary to be shown this weekend at the excellent emerging lens film festival revisits the film tax credit cuts of the summer of 2015 and the real problems it created for nova scotias many film industry workers. Film tax credit 2016 quarterly reports empire state. Nys film tax credit program guidelines, page 3 film production credit eligibility requirements vary based on the type of company and the budget.
Of these cuts, the one receiving the most backlash has been that to the film industry tax credit. The allocation of tax credits and universal credit, which is replacing tax credits and three other workingage meanstested benefits currently depends on the number of children in a family. Tax credit cut a stake through heart of nova scotias film. Film tax credit cut botched by stephen mcneil, says graham. Unequivocally, tax credit recipients in work will be made worse off by the measures in the budget on average. If there is more than one certificate, complete schedule 345, additional certificate numbers for the nova scotia film industry tax credit. Nova scotia has one of the highest film tax credits in the country. Austerity generation report finds cuts to tax credits and universal credit have damaged their role in rewarding people for working published. The film industry incentive program will provide a refundable credit for local firms equal to 30 per cent of their eligible nova scotia salaries, to a. In the 20 provincial election, only 7,710 nova scotians voted for stephen mcneil. Oct 06, 2015 the ifs director, paul johnson, commented. The fight over trumps payroll tax cut and other coronavirus. The nova scotia film tax credit a numbers game the globe. And given peis efforts, even an anne of green gables reboot would be heading.
Supporting documents file the original or a copy of the certificate issued by the province with your return. Application policies, who qualifies, what kind of productions qualifies, how to apply, and more. Its the political donation tax credit, which tops out at 75 per cent. Last week, in a prebudget speech the ns minister of finance threatened significant changes to the film and tv tax credit that could devastate the provincial screen industry. Clarification on july 1st 2015 film and television production for film industry tax credit for production which started principal photography after november 30, 2010. Last week, alaska governor bill walker i signed legislation that will end subsidies for the states film industry. Nova scotia film industry supporters protest tax credit cut supporters of nova scotias film industry are gathering in front of province house to protest a planned cut to the film industry tax credit. Tax credit cuts uturn only delays squeeze on working poor two of the countrys most respected thinktanks warn working families will still be much worse of by end of the decade. New york state film tax credit program production empire. Film tax credit cuts would hurt nova scotia, says industry. Thats the number of people who voted for him in his home constituency of annapolis.
Apr 09, 2015 halifax members of nova scotias film industry say cuts to a tax credit will have a devastating effect on productions in the province. Walkers signature on the bill comes as little surprise, considering the governors most recent budget proposal left no funds for the states film office. The nova scotia film tax credit a numbers game the globe and. Members of nova scotias film and television industry protest outside the legislature in halifax on wednesday, april 15.