Updates - Museums and Galleries Exhibition Tax Relief - HMRC internal manual

2024

2 October 2024 published amendments

Museums and Galleries Exhibition Tax Relief: Making a claim: Payment of tax credit

Adding requirement that companies must not be in administration or liquidation.

Museums and Galleries Exhibition Tax Relief: Making a claim: Extended time limits where relief is to be reduced

Updating European expenditure to UK expenditure and flagging change, adding additional information form requirement

Museums and Galleries Exhibition Tax Relief: Making a claim: Time limits

Adding new time limits

Museums and Galleries Exhibition Tax Relief: Making a claim: Abandonment

Changing European expenditure condition to UK expenditure condition and adding text to flag the change.

Museums and Galleries Exhibition Tax Relief: making a claim: additional information form - overview

Replaced old text with new guidance about additional information form and changed title to reflect new content. Old content now covered in later pages.

Museums and Galleries Exhibition Tax Relief: Temporary uplift and new permanent rates

Correcting second table formatting, updating title.

Museums and Galleries Exhibition Tax Relief: Loss surrender

Updating rates to new permanent rates.

Museums and Galleries Exhibition Tax Relief: Meaning of 'exhibition' and 'touring exhibition'

Adding rule about admission in person.

Museums and Galleries Exhibition Tax Relief: qualifying exhibitions: minimum expenditure condition

Changed title, changed to new UK expenditure condition and flagged that old European rule may still apply.

Museums and Galleries Exhibition Tax Relief: qualifying exhibitions

Changing European expenditure condition to UK expenditure and adding text to flag the change.

Museums and Galleries Exhibition Tax Relief: eligible expenditure: European expenditure

Added text to flag that UK expenditure is used from 1 April 2024.

Museums and Galleries Exhibition Tax Relief: eligible expenditure: core expenditure

Changing European expenditure to UK expenditure and adding text to flag the change

Museums and Galleries Exhibition Tax Relief: eligible expenditure: introduction

Changing European expenditure to UK expenditure and adding text to flag the change.

Museums and Galleries Exhibition Tax Relief: calculation: surrenderable losses and tax credit example

Updating example with UK expenditure and new rates

Museums and Galleries Exhibition Tax Relief; calculation; surrenderable losses and tax credit

Adding new rates and pointing to further guidance. Updating formatting

Museums and Galleries Exhibition Tax Relief: calculation: rate of relief

Flagging the new higher rates from 1 April 2025 and updating the examples using them

Museums and Galleries Exhibition Tax Relief: calculation: maximum amount of core expenditure subject to claim

Changing European expenditure to UK expenditure and adding text to flag the change

Museums and Galleries Exhibition Tax Relief: calculation: introduction

Adding rule about company not being in administration or liquidation when making a claim, changing European expenditure to UK expenditure and adding text to flag the change.

Museums and Galleries Exhibition Tax Relief: qualifying companies: direct tax

Changing European expenditure to UK expenditure and adding text to flag the change

Museums and Galleries Exhibition Tax Relief: avoidance; transactions not entered into for genuine commercial reasons

Updating connected party transaction section and linking to full guidance.

Museums and Galleries Exhibition Tax Relief: Chapter 7: Calculation

Adding new page.

Museums and Galleries Exhibition Tax Relief; Chapter 5: Qualifying exhibitions

Adding new pages.

Removed archived page MGETR50050 - State Aid. The guidance no longer applies, but a copy can be found in the National Archives if required.

Museums and Galleries Exhibition Tax Relief: Chapter 2: Making a claim

Adding new pages

Museums and Galleries Exhibition Tax Relief: Additional deduction