Section 481 Visual Effects Enhanced Credit
Key questions
How much does Section 481 Visual Effects Enhanced Credit pay?
Section 481 Visual Effects Enhanced Credit pays 40% of eligible local spend in Ireland, capped at €4M per project. Minimum qualifying spend is €1M. It is bankable, so lenders will typically cash-flow it.
Who is eligible for Section 481 Visual Effects Enhanced Credit?
Section 481 Visual Effects Enhanced Credit is open to TV series and short films. Eligible structures include service productions shooting in the territory. Projects must pass a cultural test. Productions must have a minimum of €1 million of eligible expenditure on relevant VFX work to qualify for the enhanced 40% rate.
When is the next Section 481 Visual Effects Enhanced Credit deadline?
Section 481 Visual Effects 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 Visual Effects Enhanced Credit?
Applications for Section 481 Visual Effects 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
Territorial spend requirement
Must incur eligible Irish expenditure on relevant visual effects work
Overview
Fís Éireann/Screen Ireland, the national agency for Ireland’s screen industry, w...
Eligible formats
Eligibility
Productions must have a minimum of €1 million of eligible expenditure on relevant VFX work to qualify for the enhanced 40% rate
Programme contacts
- Sinead McHugh— Partner