Museum & Galleries Exhibition Tax Relief (MGETR)
Museum & Galleries Exhibition Tax Relief is one category within Creative Industry Tax Reliefs. It is available to qualifying companies that put on a qualifying exhibition: a curated public display of an organised collection of objects or works which are considered to be of scientific, historic, artistic or cultural interest. A single object can also constitute an exhibition. The public do not need to be charged for admission and there’s no need for a cultural test.
Eligible activities for a charitable company
- Maintains a museum or gallery
- Is a company wholly owned by a charity
- Is a local authority which maintains a museum or gallery
- Must be responsible for production at a venue
- Actively involved with decision making
- Directly negotiate, contract and pay for rights, goods and services
There’s a higher rate of payable credit of 25% for touring exhibitions. A touring exhibition must meet these additional requirements
- The exhibition must be held at more than one venue
- At least 25% of the objects or works displayed at the first venue must be displayed at every subsequent venue
- No more than 6 months should elapse between deinstallation at one venue and installation at the next venue
- There must be a primary production company for the exhibition, which is within the charge to corporation tax
- The primary production company must intend from the planning stage that the exhibition will be touring
The following exhibitions are excluded from MGETR
- Organised in connection with a competition
- Where the sale of displayed objects or works is the purpose, or one of the main purposes
- Which include a live performance by any person, except where this is incidental or an incidental part
- Where anything displayed is for sale
- Where anything displayed is alive
A primary production company is one which is responsible for the exhibition at a single venue, or at least the first venue if the exhibition is touring, and which makes an effective creative, technical and artistic contribution to the exhibition.
A secondary production company is responsible for a touring exhibition at a subsequent venue, but isn’t the primary production company. There may be more than one secondary production company for an exhibition.
Both primary and secondary production companies are able to claim relief based on their EEA core expenditure, up to 80% of their total core expenditure. At least 25% of core expenditure must be within the EEA in order to qualify for the relief. Core expenditure is that incurred on producing, deinstalling and closing the exhibition at every relevant venue.
Still unsure if you qualify? To find out if your film is eligible for Museum & Galleries Exhibition Tax Relief (MGETR), call us on 01332 477 070 or email firstname.lastname@example.org.