Created June 2003
INTRODUCTION AND INSTRUCTIONS FOR USE
Welcome to the new format Budget - all contained within one workbook!
THIS IS A BASE FORMAT - ADD OR DELETE CATEGORIES & LINE ITEMS AS REQUIRED
First - make sure you have selected the correct Budget base - the options are:Full Feature Film Short Documentary Interactive Digital Media AnimationThe summary sheet will automatically fill from the Budget as you enter dataFormulas have been included and therefore we are assuming reasonable competence in using Excel spreadsheetsotherwise the rest of the worksheet will move out of alignment.Do not delete columns. Column A of the Budget has been left blank to use for a Code reference if required.Unused lines and categories can be deletedIf you delete a category, you will also need to delete its line in the Summary worksheet as #ref will appear Use this budget format as a check listChange categories and cost items according to project needs or personal preferencesby all versions
If unsure of current cast & crew rates, contact MEAA or SPAA
Crew & CastHoliday Pay
AFC A-Z Budget
Dated: 14 June 2004
The AFC have taken great care to ensure that the formulas in this budget are correct. However, as theformulas are not locked, errors can occur when numbers are entered to override formulas and/or whenlines are added or subtracted. The AFC can take no responsibility for the accuracy of your budget. Pleasecheck each line where you have entered figures and ensure the accuracy of the sub totals and totals linesand columns.
Second - fill out the
BEFORE GOING INTO THE BUDGET OR WORKSHEET DETAILNotes are included throughout the Budget to assist you -
see Column N
- not printedIf
rows, ensure you do it from the row numbers down the left hand column of the pageAdditional Worksheets can be included and linked:
Insert - Worksheet
This workbook encompasses the following worksheets:
(per coloured Tabs at bottom of page)
- This Introduction and instruction pageNote: the colo
- detail of the production and budget assumptions
- A-Z detail
- of Budget
Crew Overtime and Loadings - Budget Category C.24
Cast Fees and Fringes - Budget Categories D & E.188.8.131.52.
Extras Fees and Fringes - Budget Categories D & E.6
Crew Allowances - Budget Categories C & M or Department costs as applicable
Travel & Accommodation - Crew & Cast - Budget Categories M & N
Costume Estimates - Budget Category F.1
Art Department Estimates - Budget Categories H.1 to H.7.
Locations and Stage Rentals - Budget Categories G.1 & G.2.
Add further Worksheets if requiredFringes are the expenses associated with employment.
For a preliminary short film budget, assume fringes are90 to 100% of your cast, crew and extras are employees.
By law the nature of the relationship that you havewith them is that of an employer rather than a contractor. If a crew member is contracted through a Pty Ltdcompany fringes are usually not payable but they may want to negotiate a higher fee that compensates them for holiday pay and superannuation so at the budgeting stage assume fringes on all.Payable to any crew member employed on a weekly basis. Per the award it is one-twelfth of the gross wage or 8.33%, representing a pro-rata payment of four weeks annual holiday. For Cast refer BNF calculations.
A percentage set by Federal Superannuation Guarantee legislation and payable on the gross wage of anyemployee who earns in excess of $450 per month. At the time of budgeting check the rate that may be expected tobe current when you expect to go into production. As at February 2003 the rate is 9%.
Payroll Tax& WorkersComp.
The rates for both payroll tax and workers compensation are determined by each State so check the ratesappropriate to the State in which you expect to shoot, as they will apply at the time that you expect to go intoproduction. They may be calculated on the contracted wage plus Holiday Pay, Overtime, Superannuation andallowances including per diems. These inclusions vary from State to State.
is payable when wages exceed a nominated threshold per month. This threshold varies from State toState. For most short film budgets, wages will not exceed the threshold, thus payroll tax will not apply. However, if the film is to be produced by an existing production company, that threshold or part thereof may be used already, inwhich case the production may have a payroll tax liability.