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New SIC codes for the Events sector

One of the (many) reasons that many parts of the industry have been excluded from support during the pandemic, by Governments is because we have never used consistent SIC Codes, which are used by governments to determine economic activities and industry value.

From a statistics point of view, the industry is “invisible”. This is because there is a lack of relevant SIC codes for us to use and we not realised the importance of these codes for governments analysing businesses and industries.

#WeMakeEvents, PLASA, & the BVEP along with others from the EU and USA, are campaigning for some changes to these codes to make them more relevant. However, that is going to take between three to five years as they are agreed internationally.

You can use more than one SIC code, and so we are suggesting that you continue to use those codes that you may have used before,  for example manufacturing, or transport and that you include one of the SIC codes listed below, to acknoweldge your contribution to the Live Events sector.

We hope that all companies involved in events will support this and use these codes to help create the data and visibility to demonstrate how financially significant this industry is.

SUGGESTED SIC CODES TO USE

56210 – Currently classified as: Event catering activities.

This class includes the provision of food services based on contractual arrangements with the customer, at the location specified by the customer, for a specific event. Click here to find out more

68202 – Currently classified as: Letting and operating of conference and exhibition centres.

Click here to find out more

82301 – Currently classified as: Activities of exhibition and fair organisers.

This subclass includes the organisation, promotion and/or management of events, such as business and trade shows and conventions, whether or not including the management and provision of the staff to operate the facilities in which these events take place. Click here to find out more

82302 – Currently classified as: Activities of conference organisers.

This subclass includes the organisation of conferences and meetings, whether or not including the management and provision of the staff to operate the facilities in which these events take place. Click here to find out more

90020 – Currently classified as: Support activities to performing arts

This subclass includes support activities to performing arts for production of live theatrical presentations, concerts and opera or dance productions and other stage productions; activities of directors, producers, stage-set designers and builders, scene shifters, lighting engineers etc. and activities of producers or entrepreneurs of arts live events with support activities to performances or without facilities. Click here to find out more

Any questions please get in touch via info@wemakeevents.com

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