Tax relief for exhibitions

Image Credit: Modern Art Oxford

Arts Council England announces guidance on tax relief for museums and galleries to reclaim some of the cost of putting on exhibitions.

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.

Find out more about the tax relief from HMRC

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