Movie tax credit boost puts Ireland in the spotlight — but issues with the scheme remain 

The decision to increase the expenditure cap under Section 481 is likely a ploy by the Government to lure streaming giants to Ireland after corporation tax rose to 15% in January

Irish animation studio Cartoon Saloon availed of Section 481 tax credit when making 'Song of the Sea'.

There were not a lot of surprises on Budget Day, but one measure that was not expected was a significant change to a popular tax credit for movie and tv makers.

The expenditure cap on the tax credit Section 481, targeted at growing Ireland’s audiovisual sector, was raised from €70m to €125m.