VALUE OF "SECTION 481" INCENTIVE INCREASED TO UP TO 28%

We understand that film and television producers need finance, but you also need a funding source that you can rely on. In 1993 Ireland invented the world's first tax based incentive for film and television. Sixteen years later and "Section 481" is as reliable and user-friendly as ever. But now it has been improved.....now it's worth up to 28%.....and as always you get the money up front.

What is Section 481?
Ireland's spend-based filming tax incentive worth up to 28% of eligible spend paid up front in cash on the 1st day of principal photography, net of all fees and requiring no bank discounting.

What is it NOT?
Section 481 is not a transferable or refundable tax credit. S481 does not leave you waiting months or years for payment. S481 doesn't require bank discounting. S481 doesn't need in-territory companies to buy your credit or rebate.

Is there a cap?
Yes, the maximum budget per project against which Section 481 finance can be raised is EUR50m. There is no annual cap on the total amount of Section 481 availably to incoming production.

What projects qualify?
Feature Films, Television Drama, Creative Documentaries, and Animated film and television.

How do I access Section 481?
It's simple, you must partner with an Irish co-producer as only they can access Section 481. Please contact us for more information.

What costs are eligible?
All cast and crew with a European Union passport costs are eligible, for the work they carry out in Ireland. All goods and services purchased and used in Ireland. Click here for a full list of European Union Member States.

Can I crew up locally?
Yes! Ireland has a large and experienced crew base, and your Irish co-producer can look after crewing up for your production. Please follow this link to the Irish Film Board crew listing: Crew & Facilities Database for more information.