Unscripted Production Corporation Tax Credit
Section 487A provides a corporation tax incentive to support the production of unscripted programmes. It is available to producer companies and can be claimed against certain costs of qualifying unscripted programmes.
To qualify, unscripted programmes must satisfy a cultural test administered by the Department of Culture, Communications and Sport.
The credit is calculated at 20% of the lowest of:
- eligible expenditure
- 80% of total cost of production
- or
- €15 million.
The amount of relief due depends on the production costs of the qualifying unscripted programme. The cost of on-screen services is excluded from qualifying expenditure. The eligible expenditure in respect of a completed programme must not be less than €125,000 and the qualifying expenditure must be greater than €250,000.
Only expenditure incurred after the date of commencement of the incentive may qualify for the credit.