Tax expert Kirsty Murray (Azets) gives the lowdown on Museums & Galleries Exhibitions Tax Relief (MGETR), with advice on collating information effectively and making your claim. Not to be missed.
Museums & Galleries Exhibitions Tax Relief (MGETR) is designed to recognise the unique cultural value that museums and galleries bring to the UK, and to encourage greater and more diverse exhibitions. It provides a tax break or cash repayment for charities and their subsidiaries who are engaged in creating new touring and non-touring exhibitions and is available to charities who maintain a museum, gallery or library, including arts centres with a gallery or exhibition space or historic houses with collections. To be eligible, exhibitions must comprise a collection of objects of artistic, historic, scientific or culture interest, but the objects must not be for sale nor must their display be part of a competition. Claims are made as part of your charity tax return and should be submitted to HMRC within 24 months of your company’s year-end.
During this one-hour session, Kirsty will cover:
- The basics of MGETR
- If your organisation qualifies
- If your exhibitions qualify
- Touring and non-touring exhibitions
- Qualifying expenditure and how to collate it
- How to prepare your claim
Please note that our Business Briefings are designed to provide completely up-to-date information so topic details within each session may change to reflect this.
Ideal if… you want to understand more about whether your organisation qualifies for MGETR and how to collate the information to make a claim.
