Malcolm Byrne
Ceist:252. Deputy Malcolm Byrne asked the Minister for Finance for an update on the roll-out of the tax credit for unscripted television productions; and if he will make a statement on the matter. [36226/25]
Amharc ar fhreagraTuesday, 1 July 2025
Ceisteanna (252)
Freagraí scríofa
The Tax Credit for Unscripted Productions provides a corporation tax credit for expenditure incurred on the development of unscripted programmes and will be available at a rate of 20% of certain production expenditure up to a maximum limit of €15 million per project.
The incentive is designed to support the expression of Irish and European culture in the fast-growing unscripted sector and to grow Ireland’s audio-visual industry by attracting international investment as well as encouraging increased activity in the domestic space.
The credit was introduced as part of Finance Act 2024 subject to a commencement order pending European Commission Approval. The Commission was notified of the incentive in February 2025, with approval received, earlier than expected, in June 2025.
The Regulations necessary to underpin the measure are now being drafted with a view to commencement of the credit in early course.