Oireachtas Joint and Select Committees

Wednesday, 12 October 2022

Committee on Budgetary Oversight

Film Sector Tax Credits: Discussion (Resumed)

Ms Susan Kirby:

What is key is that all of the contracts are fully covered by all relevant employment legislation. Everyone present will testify to that.

My next point is important because what we are debating is section 481. Section 481 provides the Government and the taxpayer with an even greater assurance of a high level of compliance. The DAC is a requirement of section 481 and is exactly what it says on the tin, that being, a designated activity company. It is for one purpose only. It provides everyone with transparency and auditability in terms of how the spend happens. It also exists for up to 12 months after the completion of the project. Any issue that arises for an employee – in our experience, this does not occur regularly – can be dealt with within those confines.

The Deputy raised an important point and I have been pleased to clarify it. In the same way that people have testified to the committee that they would seek continuous or permanent employment, what I will testify-----