Arts & Entertainment

The Arts and Entertainment Industry is as vibrant as ever and growing globally.

However, convergence influenced by massive technological advancements has encouraged companies and businesses to think dynamically in order to stay ahead of the curve and maintain a solid customer base.

HLB Sheehan Quinn combines a wealth of experience with a progressive and forward-thinking approach, to offer practical and effective solutions for Theatrical, TV and Film productions as well as tailored specialist services for professionals with creative talents.

Our partnership with the HLB International network also ensures our clients have access to world class consultation from a team of international business advisors.

Arts & Entertainment Challenges

Understanding VAT in the Arts can be a challenge, due to variable rates, multiple layers of exemptions and the introduction of new schemes and benefits in recent years.

Our team of specialist advisors to professionals and business in the Arts and Entertainment Industry draw on over 20 years of experience and an astute knowledge of changing legislation, to provide clients with robust guidance on VAT in the Arts.

The Artist Tax Exemption scheme is one of the key benefits Artists can avail of in Ireland. However it only applies in certain circumstances depending on considerations such as the type of work the artist produces and its value.

Our advisors help clients to better understand their entitlements, ultimately allowing them to focus more on their work.

Some arts organisations qualify for charitable status depending on whether or not they have objects that are deemed to be charitable.

Charitable status can offer certain tax exemptions and benefits to organisations, based on the nature of their purpose and contribution as an entity.

As with the Artist Tax Exemption scheme, our advisors understand the criteria and eligibility for charitable status having worked with organisations in the Arts and Entertainment sector for over two decades.

When it comes to operating as a business, artists have a number of choices whether it be sole-proprietorship, through limited lability partnership (LLC) or as a corporation.

The nature of the structure depends on the nature of the work. HLB Sheehan Quinn provides bespoke, strategic counsel to artists to identify the structure that works for them, and delivers the best return for their income.

We pride ourselves in providing a full suite of services to our clients that reflects their diverse business needs. Our team of advisors have the knowledge, experience and skills to provide expert guidance to sole-traders, partnerships and corporations from the Arts and Entertainment industry when it comes to managing tax returns.

Having an effective and sustainable financial plan is important for any business, but particularly for those in the Arts and Entertainment Industry where project scope can range considerably depending on the nature of the artist’s work among other factors.

We work closely with our clients to develop long-term solutions that are dynamic but robust, ensuring the artist is protected for the future and maximising their financial potential.

VAT in the Arts

Understanding VAT in the Arts can be a challenge, due to variable rates, multiple layers of exemptions and the introduction of new schemes and benefits in recent years.

Our team of specialist advisors to professionals and business in the Arts and Entertainment Industry draw on over 20 years of experience and an astute knowledge of changing legislation, to provide clients with robust guidance on VAT in the Arts.

Artist's Exemption

The Artist Tax Exemption scheme is one of the key benefits Artists can avail of in Ireland. However it only applies in certain circumstances depending on considerations such as the type of work the artist produces and its value.

Our advisors help clients to better understand their entitlements, ultimately allowing them to focus more on their work.

Charitable Status

Some arts organisations qualify for charitable status depending on whether or not they have objects that are deemed to be charitable.

Charitable status can offer certain tax exemptions and benefits to organisations, based on the nature of their purpose and contribution as an entity.

As with the Artist Tax Exemption scheme, our advisors understand the criteria and eligibility for charitable status having worked with organisations in the Arts and Entertainment sector for over two decades.

Corporate Structures for Artists

When it comes to operating as a business, artists have a number of choices whether it be sole-proprietorship, through limited lability partnership (LLC) or as a corporation.

The nature of the structure depends on the nature of the work. HLB Sheehan Quinn provides bespoke, strategic counsel to artists to identify the structure that works for them, and delivers the best return for their income.

Personal Tax Returns

We pride ourselves in providing a full suite of services to our clients that reflects their diverse business needs. Our team of advisors have the knowledge, experience and skills to provide expert guidance to sole-traders, partnerships and corporations from the Arts and Entertainment industry when it comes to managing tax returns.

Budgeting and Financing

Having an effective and sustainable financial plan is important for any business, but particularly for those in the Arts and Entertainment Industry where project scope can range considerably depending on the nature of the artist’s work among other factors.

We work closely with our clients to develop long-term solutions that are dynamic but robust, ensuring the artist is protected for the future and maximising their financial potential.

Our Experts

Bruce Stanley

A Fellow of Chartered Accountants Ireland and an AITI Chartered Tax Advisor, CTA, Bruce has over 15 years' experience in practice.

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Bruce Stanley

Tax Consulting Partner

A Fellow of Chartered Accountants Ireland and an AITI Chartered Tax Advisor, CTA, Bruce has over 15 years' experience in practice. Bruce has experience across all tax heads, specialising in corporate structuring and personal tax planning for entrepreneurs and owner managed businesses.

Bruce has a strong client focus providing bespoke commercial tax solutions to suit individual needs in areas such as business expansion, efficient cash extraction, employee incentivisation schemes and succession planning.

Bruce has presented on a variety of taxation matters both in Ireland and at European conferences on topics such as EU VAT case law, the Irish Holding Company regime, personal tax planning and tax efficient business investment.

Bruce has experience of advising across a broad range of sectors including Hotels and Leisure, Property Investment, Arts & Entertainment, Professional Services, Medical and Retail. With a keen interest in the arts and entertainment sector, Bruce serves as a board member of both Graphic Studio Dublin, Ireland's oldest fine art print studio and Rough Magic Theatre Company, Ireland’s leading independent theatre company.

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