Budget: Improved screen tax credit will attract bigger productions, says industry

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Budget: Improved screen tax credit will attract bigger productions, says industry
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Screen Ireland welcomes increase in expenditure cap to €125m amid ‘all-time high’ for film and TV budgets

The second season of Netflix's Vikings: Valhalla, which is made in Co Wicklow, was one of the major recipients of the Section 481 tax credit in 2022. Photograph: Netflix

“In a landscape where global film and TV production budgets have reached an all-time high, the increase in the eligible expenditure cap will allow Ireland to attract a wider range of high-quality, larger-scale production,” said Screen Ireland chairwoman Susan Bergin. Audiovisual Ireland, the Ibec representative group for the screen industry, said it “applauded” the decision.

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