Treasury expected to announce tax relief for charitable cultural attractions
1 August 2017
The treasury is expected to announce a new finance bill to provide relief for charitable cultural attractions.
The bill will include a tax relief for charitable incorporated museums and galleries which develop new exhibitions.
20% for non-touring exhibitions.
25% for touring exhibitions.
Relief will be capped at £500,000.
This applies to expenditure incurred between 1 April 2017 and end of March 2022.