Investors availing of Section 481 up 25% with films employing 27,000

The number of investors availing of Section 481 tax reliefs last year increased by 25%, leading to the creation of 27,000 jobs in the Irish film industry.

In a written Dáil reply to Fianna Fáil’s finance spokesperson, Michael McGrath, the Minister for Finance Michael Noonan has confirmed that the number of people who worked on film productions last year topped 27,000.

Mr Noonan confirmed that the numbers of people investing in the Irish film industry last year climbed by 25% going from 3,372 to 4,217.