The 9% reduced VAT rate for hospitality is to be extended until 1 September 2022.
In addition, Fáilte Ireland will continue its support initiatives including through its Business Continuity Scheme or equivalent schemes.
Arts: Government will consider a range of recommendations in relation to Arts and Culture, including a proposal for a basic income guarantee pilot scheme for artists.
Live entertainment: A number of pilot live events for arts, culture, sport and live entertainment (indoor and outdoor) are being developed for delivery in June and July. These events will inform the safe reopening of these activities and events when the public health situation allows. These opportunities will build on complementary supports for this sector, including:
- the Live Performance Support Scheme (LPSS)
- the live entertainment sector will also be supported through a tailored scheme the Music and Entertainment Business Assistance Scheme (MEBAS)
- a new events sector support scheme providing a once-off scheme to address a gap in supports for SME’s in the events sector for those that don’t qualify for CRSS or don’t make an application for support under MEBAS, will be launched shortly.