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

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