Section 481 is a tax credit, incentivising film and TV, animation and creative documentary production in Ireland, administered by Ireland’s Department of Culture and the Revenue Commissioners.

The rate of tax credit is worth up to 32% of eligible Irish expenditure, available on all goods and services sourced in Ireland. In addition there is a 5% uplift for projects shooting in the regions, (outside Dublin/Wicklow and Cork City and County) bringing the value of the tax credit up to 37% in these circumstances.

The incentive applies to feature film, television drama (singles or series), animation (excluding computer games) and creative documentary. The payable tax credit is based on the cost of all cast and crew working in Ireland, and all goods and services sourced in Ireland. This includes post-production and/or VFX.