Revenue has published updated guidance on the Film Corporation Tax Credit with the introduction of a new section on claiming the enhanced tax credit for lower budget films, or as it is also known – the ‘Scéal uplift’. The guidance addresses the EU State Aid transparency requirements as well as removing obsolete details.
The tax credit was introduced by Finance Act 2024 and applies to lower budget qualifying film productions certified on or after 20 May 2025. It is available, subject to certification by the Minister for Culture, Communications and Sport, for live action or animated feature films, with qualifying expenditure below €20 million. To qualify, certain key creative roles must also be carried out by Irish or EEA nationals or ordinary residents.
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