(CTA 2009, Pt. 15E)

(In-Depth: ¶715-550)

Museum and gallery exhibitions tax relief allows qualifying companies engaged in the production of exhibitions to claim an additional deduction in computing their taxable profits and where that additional deduction results in a loss, to surrender the loss for a payable tax credit.

Minimum European expenditure(5) (as % of core expenditure)

25% from 1 April 2017

Additional tax deduction (% of qualifying core expenditure)

100% from 1 April 2017

Qualifying core expenditure (maximum % of total core expenditure)

80% from 1 April 2017

Repayable tax credit

Accounting period

Touring exhibitions (¶715-579)

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.