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Film Industry Tax Reliefs

Dáil Éireann Debate, Wednesday - 9 May 2018

Wednesday, 9 May 2018

Ceisteanna (40, 56)

Joan Burton

Ceist:

40. Deputy Joan Burton asked the Minister for Culture, Heritage and the Gaeltacht if her attention has been drawn to the concerns in the Irish audiovisual industry regarding the need for certainty surrounding the extension of the section 481 tax incentive in its current form beyond 2020; the danger such projects and jobs could be lost to competing locations in view of the lengthy planning horizons for film and television productions; the engagement her Department has had with the Department of Finance regarding this matter; and if she will make a statement on the matter. [19982/18]

Amharc ar fhreagra

Niamh Smyth

Ceist:

56. Deputy Niamh Smyth asked the Minister for Culture, Heritage and the Gaeltacht the engagement her Department has had with the Department of Finance in relation to the extension of section 481 film relief; and if she will make a statement on the matter. [20000/18]

Amharc ar fhreagra

Freagraí scríofa

I propose to take Questions Nos. 40 and 56 together.

The Government supports the Irish film industry through the twin approach of direct funding through the Irish Film Board and the film tax credit scheme - Section 481 of the Taxes Consolidation Act 1997.

Section 481 is provides a critical support for the Irish production sector, generating thousands of jobs, and providing a strong value proposition for the public purse. My Department continues to work on behalf of the sector through its engagement with key Departments including in relation to the extension of Section 481 beyond 2020.

I understand that the Department of Finance is now undertaking a full review of Section 481 in line with tax expenditure guidelines before any decision to extend the extension of tax credit is formalised. My Department is working closely with Department of Finance on an ongoing basis on the issue.

In partnership with the Departments of Communications, Climate Action and Environment and Business, Enterprise and Innovation, my Department commissioned an economic analysis of our screen based creative industries to provide an input for the development of an industry-wide long term plan for Ireland as a global hub for the production of Film, TV Drama and Animation under Pillar 4 of the Creative Ireland Programme. I intend to publish this economic report and associated plan shortly.

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