Film industry says jobs will be lost if tax relief is scrapped

There could be significant job losses if the Government scraps Section 481 tax relief for television and film production in Ireland, the Audiovisual Federation believes.

Part of the employers’ group Ibec, the Audiovisual Federation has submitted a proposal to the Department of Finance lobbying for the retention of Section 481 tax relief for the sector.

The submission drew heavily from the Indecon consultancy report into the sector which found “productions would locate elsewhere or not happen at all if tax relief abolished and that Section 481 delivered €2.4m net benefit to the exchequer in 2011”.