Jerry Twomey & Co
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Budget 2019 | Film Tax Credit

Film Tax Credit Ireland

S.481 film relief has been a very important factor in establishing a strong and vibrant film industry in Ireland.

The extension of the film tax credit in Budget 2019 to December 2024 was a very welcome announcement for the industry to ensure Ireland’s continued competitiveness as a filming location.

The tax credit is 32% of eligible Irish expenditure for qualifying Producer Companies for feature film, television drama, animation and creative documentary projects. Computer games are excluded from the relief.

Subject to EU approval, there is a 5% uplift subject to conditions for projects produced in the regions. This uplift applies on a tapered basis until 2022.

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PRODUCTION CONSULTANCY

We have a great appreciation that each client’s requirements are unique and that every project is different.

ACCOUNTANCY & TAXATION

Whether your project is in development, an early stage start-up or an established business, we can help.

Jerry is someone who is passionate about his work for all the right reasons. Not only is he extremely knowledgeable about all things finance and accounting, he has a genuine interest in helping people. I have had a great experience working with Jerry and I look forward to working with him on an ongoing basis. I couldn’t recommend Jerry enough.

Stephen Fagan

MD Studio Meala

I have had professional contact with Jerry Twomey for well over a decade, on a near-monthly basis. I have found Jerry to be prompt, thoroughly professional and both knowledgeable and very helpful with any queries. I recommend him without hesitation.

Síle Nic Chonaonaigh

Presenter

Having worked with Jerry in the past, he was the obvious choice for me when establishing my own media company. Jerry simplified the process of incorporation and gave me valuable advice on running my company and applying for funding. He is uniquely qualified to advise on setting up a business, tax, funding and Section 481 applications. I look forward to a continued and fruitful collaboration with Jerry.

James Finlan

Director, Vigo Media Teoranta

HOW WE CAN HELP

Do you have a business idea and require some advice from an experienced professional before you take the next step? Are you considering setting up a company but are unsure of the issues to be considered and the legal requirements? Are you an established business but need assistance to scale your company and bring it to the next level?