Corporation Tax Act 2009 section 1218ZCK

Maximum museums and galleries exhibition tax credits payable

Section 1218ZCK sets out the maximum amounts of museums and galleries exhibition tax credit that can be paid to a company in respect of its separate exhibition trade.

• The maximum tax credit payable for a touring exhibition is £100,000
• The maximum tax credit payable for a non-touring exhibition is £80,000
• These caps apply per separate exhibition trade of the company
• An overall limit of 75 million euros per year applies to any single undertaking under EU state aid rules