- VAT (Refund of Tax to Museums and Galleries) (Amendment) Order 2024 published on 30 May 2024
- The order adds and removes museums and galleries from the list entitled to benefit from the VAT refund scheme
- The policy objective is to support free public admission to museums and galleries
- The refund scheme was introduced to ensure that VAT does not deter bodies from allowing free admission
- The order will come into effect on 8 July 2024
- Section 33A of the VAT Act 1994 allows refunds of VAT paid by museums and galleries
- The Value Added Tax (Refund of Tax to Museums and Galleries) Order 2001 will be amended to reflect changes in eligible bodies
Source: gov.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
