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...

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