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

Corporation Tax

Associated companies ― from 1 April 2023

Associated companies ― from 1 April 2023Implications of associated companiesFrom 1 April 2023, the rate of corporation tax that a company is subject to depends on the level of its augmented profits. The rate of tax is based on a comparison of the company’s augmented profits against the corporation

22 Mar 2021 10:21 | Produced by Tolley Read more

Personal Tax

Foreign tax relief

Foreign tax reliefIncome and gains may be taxable in more than one country. The UK has three ways of ensuring that the individual does not bear a double burden:1)treaty tax relief may reduce or eliminate the double tax2)if there is no treaty, the individual can claim ‘unilateral’ relief by deducting

14 Jul 2020 11:44 | Produced by Tolley Read more

Tax Returns

Value Added Tax

UK VAT invoice requirements

UK VAT invoice requirementsThis guidance note provides details of the information that must be shown on a valid tax invoice. Businesses supplying goods and services that are liable to the standard or reduced rate of VAT are required to issue a tax invoice to another VAT registered person.If the

14 Jul 2020 13:46 | 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