Section 481 Lower Budget Film Enhanced Credit
Key questions
How much does Section 481 Lower Budget Film Enhanced Credit pay?
Section 481 Lower Budget Film Enhanced Credit pays 40% of eligible local spend in Ireland, capped at €20M per project. It is bankable, so lenders will typically cash-flow it.
Who is eligible for Section 481 Lower Budget Film Enhanced Credit?
Section 481 Lower Budget Film Enhanced Credit is open to feature films. Eligible structures include official co-productions. Projects must pass a cultural test.
When is the next Section 481 Lower Budget Film Enhanced Credit deadline?
Section 481 Lower Budget Film Enhanced Credit accepts applications on a rolling basis, so there is no fixed deadline; decisions are taken in 1 sessions a year.
How do you apply for Section 481 Lower Budget Film Enhanced Credit?
Applications for Section 481 Lower Budget Film Enhanced Credit go to Revenue Commissioners / Screen Ireland. Payment usually follows about 12 months after completion. PULPSCREEN last verified these details on 5 Apr 2026.
Rate conditions
Funding tracks
Territorial spend requirement
One or more key creative roles must be performed by Irish/EEA nationals or residents
Overview
This page refers to the enhanced credit for lower budget film
Eligible formats
Eligibility
Qualifying expenditure must be less than €20 million, film must be feature or animated feature length, and one or more key creative roles (director, screenwriter, or other senior creative position) must be performed by EEA national or resident. Cultural certificate required before production commences.