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IFB To Host Briefing On Tax Credit For Film, Television and Animation Production on November 25th
18 Nov 2014 : Seán Brosnan
The Irish Film Board (IFB) will host a briefing on the new tax credit for film, television and animation production in Ireland on Tuesday 25 November.

The event, presented by the Revenue Commissioners, will commence at 9:30am at the Conrad Hotel on Earlsfort Terrace in Dublin 2.

Anyone who wants to attend must register for the event. To reserve a place send an RSVP to marketing@irishfilmboard.ie by Wednesday 19 November.

Last year the Irish government announced an improvement to the Irish financial incentive for the film, television and animation industry (Section 481), which is intended to boost employment and create new jobs within the sector. Bringing Ireland in line with the UK, the new measures will mean that Section 481 will apply to non-EU as well as EU talent working in Ireland.

The enhancement of the Irish tax incentive for the film and television industry demonstrates the continued commitment of the Irish government to the future of the Irish film, television and animation sectors and Ireland's creative industries. Earlier in 2013, the Irish government extended the Section 481 scheme to 2020 and increased its value to 32% as of 2016. This improvement and the change announced in the 2014 budget has now been brought forward to 2015.

Last week, IFTN reported on Siún Ní Raghallaigh, Chief Executive of Ardmore Studios, calling on the government to almost double the studio space in Ireland for the country to properly feel the full benefit of the newly enhanced film tax credit scheme (Section 481), details of which can be seen here.





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