Dáil Éireann Debate, Wednesday - 24 April 2013
75. Deputy Michael McGrath asked the Minister for Finance if he will set out in tabular form the total number of investors and the gross cost to the Exchequer of Section 481 Film Tax relief in each year from 2002 to 2012; his estimate of the number of jobs supported by this scheme; and if he will make a statement on the matter. [19455/13]
View answerI am advised by the Revenue Commissioners that the information required by the Deputy is as follows:
S481 Film Tax Relief
|
Tax Year |
Tax Cost |
Number of Investors |
|
Euro m |
||
|
2002 |
21.65 |
2,235 |
|
2003 |
24.60 |
2,408 |
|
2004 |
19.5 |
1,888 |
|
2005 |
15.7 |
1,518 |
|
2006 |
36.4 |
3,464 |
|
2007 |
31.1 |
3,049 |
|
2008 |
32.8 |
3,200 |
|
2009 |
42.0 |
2,553 |
|
2010 |
65.3 |
3,877 |
|
2011 |
45.7 |
2,669 |
|
2012 |
58.3* |
3,319* |
*Cost and number of investors is provisional and may be revised
My Department published a review of section 481 Film Relief in 2012. Based on work undertaken for that review, I can advise the Deputy that the 57 film projects certified by the Revenue Commissioners in 2011 supported employment for crew, cast and extras of over 15,000 individuals.
