MGETR60005 | Museums and Galleries Exhibition Tax Relief: eligible expenditure: introduction

A Museums and Galleries Exhibition Production Company (MGEPC) that qualifies for Museums and Galleries Exhibition Tax Relief (MGETR) in respect of an exhibition is entitled to claim an additional deduction in computing the profit or loss arising from the separate exhibition trade for the production.

The additional deduction is based on the amount of core expenditure that is UK expenditure.

The computation itself is described in Chapter 7. The first step is determining:

• the amount of core expenditure

• the extent to which that core expenditure relates to goods or services that are used or consumed in the United Kingdom (MGETR60060)

Prior to 1 April 2024, European expenditure was used instead of UK expenditure. Please see MGETR60050 and MGETR60070 for details.