Irish Film Industry Gets Tax Boost for Local Productions
variety.comNaman Ramachandran The Irish government has revealed an 8% increase to the film and television tax incentive for low to mid-range budget local productions featuring Irish creative talent, as part of its 2025 budget.
Ireland‘s Section 481 film tax incentive now stands at 40% and is applicable to productions with a maximum global budget of €20 million ($22.1 million).
It remains subject to state aid approval, with further details expected in an upcoming finance bill next week. The budget 2025 also introduced a 20% tax incentive for unscripted production.
Minister for Finance Jack Chambers unveiled the new measures, which aims to bolster domestic feature film production. The announcement also included recognition of the VFX industry’s growth potential.
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