Film investors’ revised tax relief scheme is the reel deal

Investors are being sought for a new scheme to support film projects, as wealth managers seek to avail of a revised tax relief scheme for film investment.

22nd March, 2015
Chris O’Dowd and David Rawle in the Irish-filmed Sky 1 series Moone Boy

Earlier this month, the Revenue Commissioners issued new guidance notes on the operation of its Section 481 film tax relief scheme, after the scheme got an overhaul. Under the revised rules, the tax breaks are now aimed at production companies, rather than individual investors.

In an email sent to prospective investors last week, Grant Thornton highlighted a new investment scheme for those seeking to invest in film and television projects, which it is operating in association...

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