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Health Club Management

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Hammond broadens tax relief for UK museums in Autumn Statement

The UK government is to broaden the scope of its museums and galleries tax relief following the delivery of chancellor Philip Hammond’s Autumn Statement.

Announced in the March 2016 Budget by then chancellor George Osborne, the tax relief will now be extended to permanent exhibitions so that it is accessible to a wider range of institutions across the country.

Taking effect from 1 April 2017, the tax refund scheme will allow organisations fitting the criteria to claim a rebate on “VAT incurred on most goods and services purchased in order to grant free rights of admission to collections” – something which previously only applied to either national or university museums and galleries.

According to Hammond’s Statement, the rates of relief will be set at 25 per cent for touring exhibitions and 20 per cent for non-touring exhibitions. There will be a cap of £500,000 in qualifying expenditure per exhibition.

In 2020, the government will review the tax relief, which will expire in April 2022 if not renewed thanks to a sunset clause.

The Association of Independent Museums and Museums Association have both called for the extension of the tax relief to permanent exhibitions, which they have said would give a boost to a number of small and medium-sized museums.

The chancellor's Statement also revealed planned investments in cultural institutions, including £7.6m for urgent repairs at the Grade I listed Wentworth Woodhouse in Yorkshire subject to approval of a sustainable business case.

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The UK government is to broaden the scope of its museums and galleries tax relief following the delivery of chancellor Philip Hammond’s Autumn Statement.
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Features
Functional
Having good functional fitness is a lifetime requirement. We speak to operators taking functional fitness back to its roots to aid rehabilitation
Features
Research
Leisure-net’s annual Health and Fitness Omnibus Survey (HAFOS) is now in its 15th year. We talk to Leisure-net’s Mike Hill about what’s changed, and what hasn’t, since 2002
Features
Cycling
What does the big data around group cycling show? What’s hot, who’s most engaged and what’s up and coming for the year ahead?
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The sector’s challenge is to focus its collective efforts on the pillars of public life, delivering a beneficial impact for children and young adults, workers and older people, says Steven Ward
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Research
The fitness industry in China is growing fast according to The IHRSA Greater China Health Club Report, produced in November 2018 in collaboration with Deloitte China. Kristen Walsh reports
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Getting retention right is the key to success in gyms with memberships. Paul Bedford has turned retention into a science. We share case studies and top tips from the latest retention research
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Group Exercise
We look at the current group exercise landscape and ask what’s likely to be trending in the year ahead, as well as tactics club operators can use to improve their results
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Supplier showcase
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The sixth European Health & Fitness Forum (EHFF), will take place on 3 April 2019 in Cologne, Germany, the day before the start of FIBO. HCM gives a sneak preview
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Promotional Feature
Promotional feature
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Featured supplier news
Featured supplier: active-net gets behind campaign to delete blood cancer
active-net is supporting the work of blood cancer charity, DKMS, by encouraging greater awareness of stem cell donation within the BAME community.
Featured supplier news
Featured supplier: EXF supports Third Space to create London’s largest functional training space at The Yard
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Video Gallery
Harlands Group testimonial
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Harlands Group - Testimonial from 'Unity Leisure'. Read more
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Property & Tenders
Diary dates
27-28 Mar 2019
Eastwood Hall, Nottingham, United Kingdom
Diary dates
24-25 Apr 2019
Business Design Centre, London, United Kingdom
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