The Irish government commenced the visual effects uplift to Section 481 on 20 July, taking the film tax credit to 40% on eligible VFX expenditure of up to €10 million per production, for productions with at least €1 million of qualifying visual effects spend. The standard 32% rate continues to apply above that ceiling. On €10 million of eligible VFX work that is €4 million back rather than the €3.2 million the general credit would return, announced by Tánaiste and Minister for Finance Simon Harris with Culture, Communications and Sport Minister Patrick O'Donovan and Screen Ireland chief executive Désirée Finnegan.

Primary: Screen Ireland, commencement of the Section 481 enhanced credit for visual effects, 20 July 2026