Ireland increases its film tax credit cap rate to €125 million and extends the program through 2028

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Cliffs of Moher, County Clare

Ireland plans to increase its film tax credit from €70 million to €125 million, and to extend the tax credit program to the end of 2028, following European Commission approval of both amendments.
 
The film tax credit program, which offers film makers a tax break on up to 32% of production costs, has helped Ireland become a global leader in the area of high quality audio-visual production over the past quarter century. 

By offering a corporate tax credit relating to the cost of production of films, the program acts as a "stimulus to the creation of an indigenous film industry, creating quality employment opportunities and supporting the expression of Irish and European culture," according to government information. Read the press release.

Minister for Finance Michael McGrath TD said the amendments "signal the Government’s intention to support the industry in capitalizing on its success in recent years and to make Ireland a global leader in the area of high quality audio-visual production." 

Minister for Tourism, Culture, Arts, Gaeltacht, Sport and Media Catherine Martin TD said the tax credit is "a key element in the Irish Screen Industry, incentivizing the growth of the indigenous industry as well as attracting international producers to bring their productions to Ireland."

Doolin, County Clare

According to  recent story in the Hollywood Reporter by Becky Lucas, generous tax incentives is one of several reasons why so many films are being produced in Ireland; the other reasons include experienced film crews, a vibrant industry infrastructure, the charm of the Irish and beautiful film locations. 

"A fresh swell of opportunity and confidence may be swirling through it, thanks to the government’s decision to allow producers to claim back 32 percent of any spend on film, TV and animation to $134 million, up from $75 million," Lucas writes. "However, insiders say it’s actually in the midst of a deeper sea change built upon decades of investment, support and training — always combined with the nation’s innate charm and visually striking locales."

Here are FAQs about the Irish film credit from Fís Éireann/Screen Ireland, the national agency for the Irish film, television drama, animation and documentary industry.

An Cailín Ciúin (The Quiet Girl)

Read about Ireland's historic role as an ideal film location, from film such as The Quiet Man and Ryan's Daughter, to Game of Thrones, Star Wars and more recently, The Banshees of Inisherin and An Cailín Ciúin (The Quiet Girl).

Here are details on visiting Ireland.














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