Further Update On Museums And Galleries Tax Relief
Following the Chancellor’s announcement in the Autumn Statement that the government had listened to the campaign initiated by AIM and supported widely by museums and sector organisations, and was extending the Museums and Galleries tax relief to permanent exhibitions, the government has now published more information about how the new tax relief will operate, including some more changes:
Photo: The Joseph Wright Gallery, the Museum and Art Gallery, Derby. Credit – Derby Museums Trust
*The relief will also be open to libraries, archives, historic houses and other organisations, such as sculpture parks, as long as the exhibitions are put on by qualifying institutions.
*Exhibitions not held in eligible museums or galleries can qualify providing they are put on by eligible institutions.
*Exhibitions must be open to the general public
*A fee can be charged
*Institutions can raise other sponsorship towards costs.
*The relief will be on the main costs…
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