Museums and Galleries Exhibition Tax Relief
Tax relief for companies that produce exhibitions for museums and galleries.
Who it is for
Museums and Galleries Exhibition Tax Relief is available for qualifying primary and secondary production companies that put on a qualifying exhibition.
For full details on the qualifying criteria, click the find out more link below.
Support you can get
You can claim an additional deduction to reduce your profits or to increase a loss. This will reduce the amount of any Corporation Tax you will need to pay.
The additional deduction will be the lower of either:
- 80% of total core costs
- the amount of core costs on goods or services that are provided from the UK or EEA - from 1 April 2024, it is the amount of core costs relating to activities in the UK
If you make a loss, some or all of this loss can be surrendered for a payable tax credit.
Losses are surrendered at a rate of 40% for non-touring exhibitions, with a higher rate of 45% available for touring exhibitions.
How to apply
Claim the tax relief on your Company Tax Return.
Support organisers
- HM Revenue & Customs