Film In Cork, Cork City Council & Cork County Council are calling upon the Government to redress the exclusion of Cork from 5% Regional Uplift tax incentive
Minister announces additional funding of over €36 million in Arts and Culture and the intention to extend the Section 481 tax credit to December 2024.
The improvement to Section 481 film tax credit in the 2016 budget has been welcomed by Bord Scannán na hÉireann/ the Irish Film Board.
The Regional Film Development Uplift will be available to productions being substantially undertaken in “assisted regions”.
The Audiovisual Federation says Budget 2017 must include measures to strengthen Ireland’s credentials as a world leader within the audiovisual sector.
New S481 requirement to submit a Skills Development Plan for approval by Screen Ireland for all projects with eligible expenditure in excess of €2 million.
From May 1st 2016 the expenditure per project which can be supported by the Film Tax Credit will increase to €70 million.