What is the Production Expenditure Rebate Programme?
The Production Expenditure Rebate Programme is the primary production incentive for T&T and international productions; qualification for the rebate is based on specific criteria.
For international productions the rebate offers:
- 12.5% cash back on qualifying expenses for budgets US$100,000 – US$499,999, plus 20% cash back for hiring local labour
- 15% cash back on qualifying expenses for budgets US$500,000 – $999,999, plus 20% cash back for hiring local labour
- 35% cash back on qualifying expenses for budgets US$1,000,000 – $8,000,000, plus 20% cash back for hiring local labour
For Trinidad & Tobago producers, the rebate offers:
- A flat 35% cash back on qualifying expenses for budgets US$15,000 – US$8,000,000, plus 20% for hiring local labour