Audiovisual Ireland Budget Submission 2024
The following are Audiovisual Ireland's Budget 2024 recommendations:
Enhance the Section 481 tax credit as follows:
- Increase the cap on Section 481 eligible expenditure from €70 million to at least €150 million
- Replace the Section 481 Regional Uplift, due to expire on 31 December 2024, with a suitable alternative regional incentive
Conduct a study on the introduction of an elevated Section 481 tax credit for visual effects (VFX) digital production, modelled on the successful French TRIPS tax incentive.
Increase Screen Ireland’s current and capital funding in view of its widened remit, and the proportionately greater resources available to competing agencies from other jurisdictions.
Increase Screen Ireland’s Regional Support Fund to €10 million per annum to make up for the lag in regional production.
Invest more in regional skills development to complement and leverage the benefits of Screen Ireland’s Regional Support Fund.
Léiriú d’ábhar as Gaeilge a chur chun cinn.
Promote the production and delivery of Irish language content.
Establish a dedicated digital piracy unit within An Garda Síochána’s Intellectual Property Unit.
Resource Coimisiún na Meán adequately to enable it to fulfil its role.
Urgently address television licence fee reform because the current structure is not fit for purpose.
Please click below for the full submission.