Written answers
Thursday, 17 July 2014
Department of Finance
Tax Reliefs Application
Michael McGrath (Cork South Central, Fianna Fail)
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185. To ask the Minister for Finance if he will set out in tabular form the total number of investors and the gross cost to the Exchequer of section 481 film tax relief in each year from 2010 to 2013; his estimate of the number of jobs supported by this scheme; and if he will make a statement on the matter. [32695/14]
Michael Noonan (Limerick City, Fine Gael)
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The information requested by the Deputy is as follows:
- | Number of Investors | Gross Cost to the Exchequer €m |
---|---|---|
2010 | 4,042 | 65.6 |
2011 | 2,584 | 49 |
2012 | 3,372 | 58.5 |
2013 | 4,217* | 73.1* |
Number of persons employed in the production of qualifying films
Statistics are not available showing the actual number of persons employed in the film industry. Files maintained by the Revenue Commissioners provide data on the number of individuals that are scheduled to work on productions in a given year. These show that in 2013, just over 27,000 individual employments were generated on film productions supported by Section 481 relief. This includes approximately 20,000 employments as extras on these productions. This data does not show whether an individual spent a full year, a week or a day working on the production of a qualifying film. Similarly, an individual may have worked on a number of productions and would be counted in respect of each production. For this reason, it is not possible to estimate the number of full time equivalent employees from the Revenue information.
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