Revenue eBrief No. 160/24

10 June 2024

Section 481 Film Corporation Tax Credit

Tax and Duty Manual Part 15-02-04 'Section 481 Film Corporation Tax Credit' has been updated following the commencement of Finance Act 2022 and Finance (No. 2) Act 2023 amendments extending the operation of the incentive to 31 December 2028 and increasing the expenditure cap to €125m.

It also reflects the closure of the Regional Film Development Uplift to new claims from 1 January 2024.