The Animation Film and TV industry has called on the government to extend its tax relief so Ireland can continue to create ‘world class’ animation.
The Section 418 tax relief, which is due to be in place until 2024, allows films, TV series, animation and creative documentaries produced in Ireland up to 35% tax credit.
In order to obtain the tax relief, producers must apply to the Minister for Culture, Heritage and the Gaeltacht.
Animation Ireland, the trade group representing Irish animation studios, is calling for this relief to be in place until 2029 as part of its pre-budget submission.
Animation Ireland chief executive Ronan McCabe said the relief was bringing a lot of jobs and spending to Ireland, with 42 animation studios and 2,500 employees across the country.
“Section 481 has been crucial in the growth of the animation industry over the past decade and without it we simply couldn’t compete on the world stage like we do now,” he said. declared.
“Aid brings a lot of jobs and spending to Ireland, but it also has a huge positive impact on creativity and culture.”
Mr McCabe said that without the tax relief, animations such as the Oscar nominee wolf walkers would not be possible.
He added: ”We hope the Minister of Finance will announce a five-year extension of the relief until 2029 and confirm that Section 481 is included in his long-term creative industries policy.
“We would also like to see an extension of the regional uplift element of the relief, which will see more productions take place outside of Dublin and make it easier to attract study staff, generating jobs in rural towns.”
In recent years, Ireland has hosted major animation productions, including Bob’s Burgers movie, The Cuphead Show, Vampirina and Zog, and The Flying Doctors.