After 18 months of waiting, the Museums and Galleries Exhibition tax relief finally gained Royal Assent on the 16th November 2017 as part of the Finance (No. 2) Act 2017. This means that the Museums and Galleries Exhibition tax relief is now law and fully in effect. The date from which the tax relief can be claimed has been backdated to April 2017. More information can be found at: http://www.artscouncil.org.uk/supporting-museums/tax-relief-for-exhibitions
Adding Value Consultancy can support your organisation to successfully make a claim that could save you thousands of pounds. We specialise in providing financial expertise to arts organisations. We currently work with several arts organisations, including The Serpentine Gallery, The Bluecoat Liverpool, and FACT. Our previous experience of claiming Theatres Tax Relief, which operates in a very similar manner, stands us in good stead of implementing compliant new claims to access this new opportunity. Contact us today for a confidential discussion on how we can help you.