Written answers
Tuesday, 11 April 2017
Department of Finance
Film Industry Tax Reliefs
Pat Casey (Wicklow, Fianna Fail)
Link to this: Individually | In context | Oireachtas source
156. To ask the Minister for Finance the number and detail of section 481 film industry relief applications by year since 2011, in tabular form; and if he will make a statement on the matter. [18241/17]
Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source
I am informed by Revenue that prior to 2015, the Film Relief scheme, provided for by Section 481 Taxes Consolidation Act (TCA) 1997, operated by giving relief to individuals and companies investing in the film industry. A table sets out the number of cases of relief in each of the years 2011, 2012, 2013 and 2014:
| Year | No. of cases |
|---|---|
| 2011 | 2,669 |
| 2012 | 3,372 |
| 2013 | 4,217 |
| 2014 | 4,124 |
Information on the number of investors who claimed relief under section 481 for the years 2011 to 2014 and the cost of the relief is available on the Revenue website at
With effect from 2015, the scheme provides direct support to film producer companies in the form of a tax credit. The following table sets out the numbers of companies and films were granted relief in each of the years 2015 and 2016:
| Year | No. of companies | No. of films |
|---|---|---|
| 2015 | 32 | 43 |
| 2016 | 54 | 74 |
Further information relating to the beneficiaries under the current scheme is available on the Revenue website at:
- 2015 beneficiaries:
- 2016 beneficiaries: .
No comments