Film Relief was an incentive scheme designed to promote investment in film by granting individual investors tax relief on their investment. This relief was often referred to as Section 481 relief. It was available as a personal tax credit to investors before 31 December 2014. The last tax period for which an investor could claim the credit was the year 2015.
Section 481, now referred to as the film tax credit, is only available to producer companies in the film production industry. Film Relief in the Companies and charities section has further information on the replacement scheme.