Incentive
Eligible

Ireland's primary film tax incentive — a 40% tax credit on qualifying Irish expenditure (Scale Uplift rate), paid directly to the production company by the Irish Revenue Commissioners. One of Europe's most established and bankable production incentives, now enhanced to reflect Ireland's commitment to attracting high-quality international production.

Widely recognised by international sales agents and gap financiers. Usable as collateral for production financing and a core component of any Ireland-structured finance plan.

The IFTC (Independent Film Tax Credit) is the enhanced rate of the UK's Audio-Visual Expenditure Credit (AVEC), delivering a 53% gross offset (approximately 39.75% net after corporation tax) on qualifying UK core expenditure — subject to production eligibility, BFI certification, and lender diligence. It is among the highest incentive rates available in any major production territory.

As a Northern Ireland–registered company, Grimm Pictures has direct access to the IFTC pathway. Where eligibility is confirmed and structure is in place, the credit is widely recognised across the international finance community as a component of production financing packages. All applications are subject to advance approval and individual qualification assessment.

AVEC is the UK's primary film and high-end television incentive — a 34% gross credit (25.5% net after 25% corporation tax) on qualifying UK core expenditure. Introduced in January 2024, AVEC replaced and consolidated the former UK Film Tax Relief and related TV credits under a single, modernised framework.

Administered by HMRC in conjunction with the BFI. Payable as cash where eligibility and certification requirements are met, and recognised across the international finance community as a component of structured film finance. Notably, AVEC can be claimed on qualifying UK post-production expenditure — including editing, VFX, sound, and colour grading — even where principal photography takes place outside the UK, making it highly accessible for international productions finishing in the UK or Northern Ireland.

With principal photography in Asheville, NC and New York, Helen's Bridge qualifies for two independent US incentive streams — the NC Film & Entertainment Grant (25%) and the New York State Film Tax Credit (up to 30%).

US incentives operate independently from UK and Irish credits, meaning each territory's qualifying spend generates its own return — a multi-territory structure that materially reduces net production cost.