TaxPersonal TaxV&A visitors benefit from VAT cut

V&A visitors benefit from VAT cut

The Victoria & Albert Museum has become the first major art institution to give free admission following a Treasury promise to drop VAT charges for nationally funded museums and galleries.

In August the Treasury published a list of museums and galleries which would benefit from a VAT refund scheme announced in the March Budget, allowing visitors free admission to their permanent collections.

The Treasury has promised that all national galleries and museums will be free by ‘no later than 1 December’ due to the VAT reform.

Other London museums which should see their admission charges go includethe Natural History Museum, the Imperial War Museum, the National Portrait Gallery, Tate Britain, Tate Modern, the British Library and the Royal Armouries.

Links

VAT refunds for museums by Christmas

Related Articles

LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

20h Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

2w Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

2m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

2m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

4m Alia Shoaib, Reporter
Italy grants first successful non-dom status application to former UK non-dom

Personal Tax Italy grants first successful non-dom status application to former UK non-dom

4m Emma Smith, Managing Editor
Industry reaction: Taylor Review does not go far enough in addressing tax issues

Legal Industry reaction: Taylor Review does not go far enough in addressing tax issues

5m Alia Shoaib, Reporter
Does the Taylor Review sufficiently address the gig economy?

Corporate Tax Does the Taylor Review sufficiently address the gig economy?

5m Alia Shoaib, Reporter