Film Relief (section 481 investment in film)

Overview

From 1 January 2015, Film Relief is only available to producer companies in the film and film production industry. 

Film Relief was available as a personal tax credit to investors before 31 December 2014 and the credit could be claimed up until 31 December 2015. 

A company can use film relief as a credit against Corporation Tax (CT). If the relief is more than the tax due, Revenue will pay the difference. 

The amount of relief due depends on the production costs of the qualifying film. The credit is 32% of whichever is the lowest of:

  • eligible expenditure
  • 80% of total film production costs
  • €70 million. 

You must apply for film relief online through Revenue Online Service (ROS). You can make any enquiries through MyEnquiries or in writing to:

Incentives and Financial Services Branch
Corporate Business and International Division
Office of the Revenue Commissioners
Dublin Castle
Dublin 2.

Alternatlvely, you can e-mail to filmrelief@revenue.ie.

See the Guidance note for film producers and promoters for more details on how to apply.

Next: Eligible expenditure