MGETR90010 | Museums and Galleries Exhibition Tax Relief; avoidance; introduction

S1218ZCM and 1218ZCN Corporation Tax Act 2009

The legislation of Museums and Galleries Exhibition Tax Relief (MGETR) is based on the legislation already in place for Film Tax Relief (FTR). FTR was designed to ensure that it did not suffer from abuses similar to those of the previous tax relief regimes for films.

MGETR follows this by targeting relief exclusively at Museums and Galleries Exhibition Production Companies (MGEPCs). This means that MGETR is not available to those whose involvement in exhibitions is confined to supplying or arranging finance. This eliminates many possibilities for abuse.