Profits up at Cartoon Saloon
Kilkenny-based animation studio Cartoon Saloon posted a profit before tax of €139,755 last year, up €16,337 on 2013 figures.
The company, which was nominated for an Oscar for its feature film, Song of the Sea, earlier this year, paid €19,593 in corporation tax last year, up from €16,737 in 2013.
Its directors, Paul Young, Tomm Moore and Nora Twomey, invoiced Cartoon Saloon for subcontract work carried out by themselves. Payments to the directors amounted to €156,333, up from €113,974 in 2013.
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