Examples of the benefit of Section 481
Section 481 allows a production to benefit up to 32% of whichever of the following is the lowest:
- All eligible expenditure (Example 1)
- 80% of total film production costs (Example 2)
- €125 million (Example 3)
| Total Budget | Irish Spend | Rebate | ||
| Example 1 | 10,000,000 | 4,000,000 | 1,280,000 | 32% of eligible Irish Expenditure |
| Example 2 | 1,000,000 | 1,000,000 | 256,000 | 32% of 80% |
| Example 3 | 150,000,000 | 80,000,000 | 9,600,000 | 32% of €125 million |
Do you want more information on how your production could benefit from the Irish Film Tax Incentive? Get in touch now!
