Ard­more looks for a new film

Bray People - - News Focus -

ARD­MORE Stu­dios in Bray will be ac­tively work­ing on at­tract­ing a fea­ture film to the area fol­low­ing a new tax re­lief in­cen­tive.

Min­is­ter for Arts, Sport and Tourism Martin Cullen has con­firmed that sig­nif­i­cant im­prove­ments to the Sec­tion 481 re­lief for in­vest­ment in film projects are pro­posed as amend­ments to the Fi­nance Bill which will be con­sid­ered by the Oireach­tas in the com­ing days.

Un­der the im­prove­ments the in­di­vid­ual in­vestor cap for those wish­ing to in­vest fi­nance in film in Ire­land will in­crease to€50,000 per an­num (up from the cur­rent limit of €31,750) and there will be a 100 per cent re­lief on that in­vest­ment. Pre­vi­ously the re­lief was at 80%. ‘This is ex­tremely pos­i­tive as it has been ap­par­ent in the last pe­riod of time we have lost our com­pet­i­tive edge,’ said Kevin Mo­ri­arty, the Manag­ing Di­rec­tor of Ard­more Stu­dios.

The last ma­jor movie filmed in County Wick­low was King Arthur in 2003.

‘Over the past five years we have changed our fo­cus to T.V. and have been able to get in The Tu­dors which is very im­por­tant. We have just fin­ished film­ing Se­ries Three and we are looking for­ward to start­ing Se­ries Four some time next year,’ said Mr. Mo­ri­arty, ‘Now with the new tax re­lief we can look to at­tract­ing movies also.’

Min­is­ter Cullen has said the amend­ments to the Fi­nance Bill with the sup­port of the Min­is­ter for Fi­nance, will al­low the Ir­ish film sec­tor com­pete in­ter­na­tion­ally to bring ma­jor in­ward in­vest­ment pro­duc­tions to Ire­land, while strength­en­ing in­dige­nous film and TV pro­duc­tion.

‘I be­lieve that the pro­vi­sion will sus­tain and grow em­ploy­ment in this sec­tor in the years ahead, grow our pro­duc­tion ca­pac­i­ties and em­bed this key creative in­dus­try and I en­cour­age an Bord Scan­nán na hÉire­ann/the Ir­ish Film Board and the sec­tor, to spear­head a ma­jor drive to de­liver on this ini­tia­tive,’ said Min­is­ter Cullen.

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