VAT refund schemes ― museums and galleries

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note covers the special VAT refund scheme that applies to certain museums and galleries.

For in-depth commentary on the legislation, see De Voil Indirect Tax Service V5.162A.

VAT refund scheme for museums and galleries ― the basics

Museums and galleries which allow members of the public to enter free of charge can apply to join a scheme entitling them to refunds of VAT incurred on costs which would not otherwise be recoverable.

To be eligible for the scheme a museum must meet certain conditions, such as being open to the general public for at least 30 hours per week.

The application process involves obtaining support from one of a set of governmental administrations or departments (eg the Department for Culture, Media and Sport).

Once within the scheme, the museum or gallery may reclaim VAT which is attributable to free admission. This can include (for example) VAT incurred on items and collections on display.

Museums and galleries which can apply to join the scheme

To qualify for the scheme

Continue reading the full document

To gain access to additional expert tax guidance, workflow tools, generative tax AI, and tax research, register for a free trial of Tolley+™

TAKE A FREE TRIAL NOW

Popular Articles

Owner-Managed Businesses

Relief for employee share schemes

Relief for employee share schemesRemuneration expenses are generally deductible for corporation tax purposes as they are considered to be incurred wholly and exclusively for the purposes of the trade. However, expenses relating to shares are usually classed as capital and are therefore not

14 Jul 2020 13:21 | Produced by Tolley Read more

Corporation Tax

Computation of corporation tax

Computation of corporation taxCompanies pay corporation tax on the taxable total profits (TTP) generated in a chargeable accounting period (CAP).To ascertain whether the entity is within the charge to corporation tax, see the Charge to corporation tax guidance note.For more information on the type

14 Jul 2020 11:16 | Produced by Tolley Read more

Employment Tax

Parking provision and expenses

Parking provision and expensesCar parking facilities at or near to the employee’s workplaceThere is an exemption from tax and NIC where an employer provides parking, or pays for or reimburses an employee for the costs associated with car parking at or near the place of work; there are no reporting

14 Jul 2020 11:09 | Produced by Tolley Read more

VAT refund schemes ― museums and galleries

VAT refund schemes ― museums and galleries

VAT refund scheme for museums and galleries ― the basics