MGETR20030 - Museums and Galleries Exhibition Tax Relief: Making a claim: Further information to be provided

The production company should supply the following additional information with its return:

• whether the exhibition is touring or non-touring
• if the exhibition is taking place at more than one venue, then whether the company is claiming as a primary or secondary production company
• if the company is a secondary production company, then who the primary production company is
• the amount of additional deduction claimed
• the amount, if any, of loss surrendered for a tax credit
• in order to demonstrate that the minimum European expenditure condition has been met, final statements of the amount of:
  • total core expenditure incurred on the exhibition by the company
  • core expenditure that is also European expenditure, incurred on the exhibition by the company

 

Although the company is required to keep adequate records to support its return, it is not specifically required to provide audited figures.

It will assist the processing of claims if the company also includes:

• an analysis of the separate exhibition trade expenditure.  The level of appropriate detail will depend on the size of the budget.  Generally, the headings adopted by the production accountant are adequate.  The Creative Industries Unit can provide further advice if needed
• a further breakdown of that expenditure into:
  • development expenditure
  • other non-core expenditure
  • core expenditure: European
  • core expenditure: non-European
  • expenditure on exploiting the exhibition
• details of any methods of apportionment and/or assumptions used in producing these figures
• any other information relevant to the claim