Section 481 of the Taxes Consolidation Act, 1997
Procedure for Section 481 Certification from 01/01/05
With effect from 1st January 2005, all applications for certification of film projects must be submitted to the Office of the Revenue Commissioners. The Department of Arts, Sport and Tourism will continue to have an input in all applications in validating the cultural content of film projects submitted for certification.
Please click on the following links to access details:
Revenue Notice -- Download the Key implications of the new procedures
Download the Application Form For Certification Of A Film Project
Film Regulations 2004 (S.I. No. 869 OF 2004)
Section 481 of the Taxes Consolidation Act, 1997
Section 481 of the Taxes Consolidation Act, 1997
provides a fiscal incentive to taxpayers to invest in film production. The
scheme allows tax relief on investments in film projects certified under
the Act.
Changes in the 2006 Finance Act come into effect.
The enhancements to the section 481 scheme provided for in the 2006 Finance Act have now received the assent of the European Commission, and the Minister for Finance has signed the Commencement Order needed to bring the changes into effect. Consequently, in respect of all applications for certification under the scheme lodged on or after 18th May, 2006:
- The maximum amount that can be raised under the scheme has increased from €15m to €35M;
- The maximum percentage of a project budget that can be raised has increased from between 55% - 66% to 80%.
Economic Database Form
This form must be completed in respect of every production undertaken in the State and returned to the Audiovisual Federation IBEC. Information collected is used to compile statistics on audiovisual productions in the State.
Film Unit
Department of Arts, Sport and Tourism
Frederick Buildings
South Frederick Street
Dublin 2.
Summary of Key Statistics 1994-2001
Summary of Key Statistics 1994-2005