What is Section 481?
Section 481 is a tax incentive for film and television made or partly made in Ireland. It applies to Feature Films, Creative Documentaries, TV Drama and Animation.
What Section 481 can do for you
Projects may derive a benefit of up to 28% of their eligible Irish expenditure.
The main benefits of Section 481 are:
- Worth up to 28% of Irish budget
- Is available to the production on first day of Principal Photography
- Does not require bank discounting
- Is available to both Film and Television productions
- Value is determined at the outset
- Is in place until 2015
- How Screenworks Can Help
As an overseas production you need an Irish co-producer to access section 481 and avail of all these valuable opportunities. Screenworks have a proven track record with Section 481 funding and can organize your films application to the Irish Revenue Authorities and work with established fundraisers to raise the necessary capital in the Irish market.
In many cases companies overseas simply want an Irish co-production company for purposes of accessing Section 481. As creative producers, Screenworks offer so much more. We prefer to initiate projects or to get involved with ideas from an early stage, which we think we can enhance and contribute to.
Furthermore, we can provide production management for any given film or TV series. With years of experience working in different media areas both in Ireland and abroad, Screenworks can work with you on all stages of the production process including budgeting, scouting, scheduling,
casting, crewing and post production. As well as vital local knowledge, we have strong working relationships with Irish crew, facilities providers and post-production houses, essential for any Section 481 co-production.
Get in touch with us about your project and we'd be happy to discuss it with you.