{"id":558848,"date":"2026-07-20T10:42:14","date_gmt":"2026-07-20T10:42:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/558848\/"},"modified":"2026-07-20T10:42:14","modified_gmt":"2026-07-20T10:42:14","slug":"increased-tax-credit-for-films-with-large-vfx-budgets","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/558848\/","title":{"rendered":"Increased tax credit for films with large VFX budgets"},"content":{"rendered":"<p>Films made in Ireland with large visual effects budgets will be able to apply for an increased tax credit, it has been announced.<\/p>\n<p>The scheme, confirmed by T\u00e1naiste Simon Harris and Minister for Culture Patrick O&#8217;Donovan, is designed to make Ireland&#8217;s screen industry more competitive for high-value VFX work.<\/p>\n<p>The Government expects it will support increased investment and create highly skilled jobs.<\/p>\n<p>Productions with at least \u20ac1 million in eligible VFX expenditure will qualify for an enhanced 40% film tax credit on eligible expenditure of up to \u20ac10 million per production.<\/p>\n<p>The T\u00e1naiste said: &#8220;Ireland is already recognised around the world as a great place to make film and television.<\/p>\n<p>&#8220;This new visual effects uplift will help us build on that reputation by making Ireland even more competitive in attracting high-value productions.<\/p>\n<p>&#8220;It will support investment, create highly skilled jobs, and provide new opportunities for Irish talent and companies working in one of the fastest-growing parts of the screen industry.<\/p>\n<p>&#8220;This is about backing our creative sector and ensuring it continues to thrive.&#8221;<\/p>\n<p>Source: Press Association<\/p>\n","protected":false},"excerpt":{"rendered":"Films made in Ireland with large visual effects budgets will be able to apply for an increased tax&hellip;\n","protected":false},"author":2,"featured_media":558849,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,61,60],"class_list":["post-558848","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/558848","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=558848"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/558848\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/558849"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=558848"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=558848"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=558848"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}