Could your organisation claim back costs for exhibitions?
Exhibitions Tax Relief
The Museums and Galleries Exhibitions tax relief came into law in November 2017, however claims can be back-dated to 1 April 2017. This tax relief, which focuses on the production of Exhibitions, is the latest in a series of creative tax reliefs launched by the government to support the creative industries.
What is the Exhibitions Tax Relief?
This tax relief allows eligible museums and galleries which are charities to claim tax relief for qualifying expenditure on new exhibitions. This includes permanent exhibitions and those that tour.
The scheme will allow museums and galleries to reclaim some of the cost of putting on exhibitions – whether temporary, permanent or touring. The aim is to support museums and galleries to develop new exhibitions for the public. It is a great opportunity for a broad range of museums and galleries to gain financial assistance from the government.
This tax relief is a new initiative and is different from the existing scheme that allows museums which offer free admission to recover VAT on related costs.
Briefing event in Leeds – 20th March.
There is an Arts Council England event briefing in Leeds at the Thackray Museum on 20th March.
Booking and info: https://www.eventbrite.c