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European Commission Approves Scéal Uplift for Small to Medium Budget Productions Under Ireland's Section 481 Film Tax Credit

07 April 2025

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Approved Changes

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Ireland-European Union

On 27 March 2025, the European Commission published its decision to approve (not raise objections to) Ireland's Scéal Uplift for small to medium budget productions under the Section 481 Film Tax credit. The commencement of the uplift was subject to the receipt of State aid approval from the European Commission. As previously reported, the Scéal Uplift was introduced as part of the Finance Act 2024 (Act No. 43 of 2024). It provides an uplift of 8%, resulting in a tax credit rate of 40% for low-budget feature film productions with a maximum qualifying expenditure of less than EUR 20 million....