Hello,
Generous tax breaks for those on high enough incomes and "low risk" in my personal opinion but not no risk so don't be mistaken, there have been a couple of problems over the years.
There are various Irish based accountancy firms and tax consultants who can help introduce you to approved investment schemes, a quick search on the internet should throw up several well known firms - just make sure:
- It is a Revenue approved investment
- It is introduced by an established and reputable tax consultant or accountancy firm
- It is ideally introduced to you by someone who has had past dealings with the tax consultant or accountancy firm
- It is ideally for a pre-sold production (be it tv show, movie etc)
- It has Bank approval for loans to investors (this gives me comfort, as if a Bank is prepared to lend on the investment, then they have done some research and satisfied themselves from a credit point of view)
- It is being produced by an established and experienced team (do a little research on the internet, to see peoples CVs or past productions etc)
There should be some past discussions on S481 here on AskAboutMoney.com