LEAP YEAR

‘Leap Year’ the romantic comedy filmed last year in Ireland and panned by critics has become a smash hit for investors, according to The Sunday Business Post.

The investors are set to share almost €9m from Lef Productions, the company incorporated to raise finance for the movie under the Section 481 tax break.  Lef is now being wound up and its surplus of €8.87m will be distributed among the investors.

The movie was among 18 films and 46 TV series that received Section 481 breaks last year.