Ireland's Film Tax Credit is one of Europe’s most attractive incentives for film and television productions. The incentive evolved into a repayable corporation tax credit in 2015 and as such it offers a tax credit of up to 32% on qualifying eligible Irish expenditure. The incentive is capped at the lower of qualifying eligible Irish expenditure, 80% of global qualifying cost of production budget or €125 million, making it a vital resource for both domestic and international productions. For project to qualify for the relief they must receive a cultural certificate.

Finance Act 2024 introduced a scéal uplift for low budget feature film production in Ireland. The uplift of 8% to the existing tax credit is available where one or more key creative roles on the film are held by Irish or EEA nationals or those ordinarily resident in Ireland or another EEA State and the global cost of production of the film is less than €20m. The uplift is payable only at completion stage and providing the film's cultural certificate specifically confirms qualification for same.

At Clancy & Associates, we are leaders in the film tax credit space. Headed by Elaine Gill, our Film Tax Credit division brings unmatched expertise to every project. Elaine’s experience over a 25 year plus career includes advice on award winning documentaries, European co-productions, indigenous Irish feature film and television drama and high-profile returning US drama series. From application to compliance we pride ourselves in providing advice to our film producer clients throughout the production, this advice includes not only the film tax credit but also related corporation tax, employment taxes and VAT advice.