07th December 2009

Event organisers debate tax and financing

Events professionals debated VAT charges, ticketing and joint venture agreements at a recent forum.

Events professionals debated VAT charges, ticketing and joint venture agreements at a recent forum.

The Association of Event Organisers' (AEO) Money Matters forum saw members discuss best practice in the process of buy and selling events, while experts gave their advice on some of the hot topics surrounding financing.

It is the first time the AEO has held this type of event, following the success of its Marketing and Ops Forums earlier in the year.

Finance, event and managing directors were among the representatives at the forum on November 26th at the Kensington Conference and Events Centre in London.

"The session was concise, time efficient and gave some excellent pointers as to how we tackle the VAT issues and legal implications of buying and selling shows. It was a really good value-for-money morning," said Paul Byrom, managing director at Upper Street Events.

Last month, ExCel chief executive Kevin Murphy told delegates at the Event Suppliers and Services Association's (ESSA's) G50 convention that they must "diversify or die".

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