Monday February 24, 2020

Getting that all-important break

Tax break investors are helping to fuel a thriving Irish film and TV production sector through the Section 481 scheme, writes Siobhan Brett.

22nd December, 2013
James Hickey, chief executive of the IFB: 'It's Irish talent that has really stepped up to the plate.' Picture: Feargal Ward

More than 2,500 tax break investors ploughed cash into Irish film and television productions this year, according to new figures. The figures, provided to the Department of Finance by the Revenue Commissioners, that 2,538 people investment money through the Section 481 tax relief scheme.

The Section 481 tax relief allows investors to put up to €50,000 in a film or television production, and claim 100 per cent tax relief on their investment.

Each film can raise up to Euro 50...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago