Ireland Boosts Film Industry with 40% Tax Incentive for Local Productions

The new tax measures aim to support Irish creative talent and enhance the country's cultural footprint in the global film industry.

The Irish government announced an 8% increase to the Section 481 film tax incentive, raising it to 40% for local productions with budgets up to €20 million.
The 2025 budget also includes a 20% tax incentive for unscripted productions, pending EU approval.
Recent successes for Irish films include 'Kneecap' winning at Sundance and 'Small Things Like These' opening the Berlin International Film Festival.
Screen Ireland, the national agency for the Irish screen industry, welcomed the new incentives, emphasizing their importance in a competitive global industry.
The measures follow the UK's introduction of a similar 40% tax credit for local indie films, highlighting a regional trend in supporting domestic film production.