MGETR80010 - Museums and Galleries Exhibition Tax Relief; qualifying companies; introduction
Museums and Galleries Exhibition Tax Relief (MGETR) is intended only for certain Museums and Galleries Exhibition Production Companies (MGEPCs) that are within the charge to Corporation Tax. The targets of the relief are companies which are charitable companies, wholly owned subsidiaries of charities, or companies wholly owned by local authorities. In each instance the company, charity or local authority must maintain a museum or gallery.
Trusts and unincorporated associations do not qualify for the relief. Some charities are constituted as trusts so may need to consider their status and whether they are eligible for MGETR.
This guidance is not intended to replace the HMRC guidance for charities or Value Added Tax (VAT). MGEPCs should refer to the appropriate HMRC guidance where necessary and also consult their professional advisors before determining what organisational structure best suits their circumstances.