Oireachtas Joint and Select Committees

Tuesday, 30 June 2020

Special Committee on Covid-19 Response

Impact of Covid-19: Arts and Entertainment Sector

Mr. Shane Dunne:

I will briefly answer a couple of the questions before handing over to Ms Dorgan, who is better positioned to answer a number of them.

On €7 million being lost to the arts sector and the money not coming down, it is important to clarify that there are two different sectors. We do the same thing but there is a funded sector, which is where the money from the Arts Council went, and there is a non-funded sector, which comprises all of the community events and right up to the Electric Picnic, the Spice Girls' concert in Croke Park and everything in between. Reduced VAT will help us because we are going to open at a reduced capacity. Any savings that we can make to help us with a reduced capacity, whenever we do open, will help. Currently, we pay VAT at a rate of 13.5% and we have asked for it to be reduced to 5%. An old accountant of mine used to say it was half of a loaf or no bread. In this instance, 5% of something is better than 13.5% of nothing.

The Deputy asked so many questions that I was not quick enough to write down all of them. The Deputy and I are both from Cork yet I could not keep up with him. I will hand over to Ms Dorgan who will be able to answer a few of them.

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