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SDGI Welcomes Budget 2024 Increase of Section 481’s Eligible Expenditure Cap to €125 Million

October 10, 2023

As part of Budget 2024 announced on 1oth October 2023, Minister for Finance Michael McGrath (TD) announced an increase in the current project cap on qualifying expenditure in the Section 481 Film Tax Credit from €70 million to €125 million, subject to State aid approval.

SDGI welcomes this positive endorsement of the great work in the screen industry in Ireland with the increase of Section 481’s eligible expenditure cap to €125 million.

Image: Minister for Finance Michael Mcgrath and minister for Public Expenditure Paschal Donohoe (Liam McBurney/PA)

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