Section 1218ZCA Companies qualifying for museums and galleries exhibition tax reliefF1

A company qualifies for museums and galleries exhibition tax relief in relation to the production of an exhibition if conditions A to D are met.

Condition A is that the company is—

Condition B is that the company is—

See section 1218ZCB for the interpretation of paragraphs (b) and (c).

Condition C is that at the beginning of the planning stage, the company intends that the exhibition should be public (within the meaning given by section 1218ZAA).

Condition D is that the F2UK expenditure condition is met (see section 1218ZCC).

For the purposes of subsection (3) “museum or gallery” includes—

For the purposes of subsection (3), the fact that a person is responsible for an exhibition at a venue does not, by itself, mean that the person maintains a museum or gallery.

There is further related provision in section 1218ZCM (tax avoidance arrangements).