The Value Added Tax (Refund of Tax to Museums and Galleries) (Amendment) Order, SI 2024/720, update the list of eligible institutions which can recover VAT (under VATA 1994 s 33A) attributable to the provision of free admission to museums and galleries they operate.
This is a routine update to the list to ensure that new eligible bodies and their associated museums and galleries are included and that those which no longer qualify are removed.
The Order comes into force on 8 July 2024.
For most of the bodies which have been added to the list, VATA 1994 33A is to have effect from a date before the Order itself comes into force. This means that claims for refunds relating to these bodies can be made in respect of VAT incurred before 8 July 2024. HMRC previously ran a short consultation on a draft version of the Order to allow those affected to check the accuracy of the details included in the legislation. Changes made as a result of that consultation are summarised at point 7 of the Explanatory Memorandum to the Order, and HMRC have published a policy paper.
The Value Added Tax (Refund of Tax to Museums and Galleries) (Amendment) Order, SI 2024/720, update the list of eligible institutions which can recover VAT (under VATA 1994 s 33A) attributable to the provision of free admission to museums and galleries they operate.
This is a routine update to the list to ensure that new eligible bodies and their associated museums and galleries are included and that those which no longer qualify are removed.
The Order comes into force on 8 July 2024.
For most of the bodies which have been added to the list, VATA 1994 33A is to have effect from a date before the Order itself comes into force. This means that claims for refunds relating to these bodies can be made in respect of VAT incurred before 8 July 2024. HMRC previously ran a short consultation on a draft version of the Order to allow those affected to check the accuracy of the details included in the legislation. Changes made as a result of that consultation are summarised at point 7 of the Explanatory Memorandum to the Order, and HMRC have published a policy paper.
