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Ireland Increases Film Tax Incentives, Boosts Local Industry

5/30/2025

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Summary

Story summary

The Irish government is boosting its film industry with an 8% increase in the Section 481 tax incentive for local feature films with budgets up to €20 million. This initiative not only supports smaller projects but also aligns with the UK’s Independent Film Tax Credit. Furthermore, a new €1 million fund, Smaointe, is set to foster Irish-language film development.

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Story summary

The Irish government is boosting its film industry with an 8% increase in the Section 481 tax incentive for local feature films with budgets up to €20 million. This initiative not only supports smaller projects but also aligns with the UK’s Independent Film Tax Credit. Furthermore, a new €1 million fund, Smaointe, is set to foster Irish-language film development.