articles: Culture, Entertainment & Media

VAT blow for cultural charities and public bodies

The European Court of Justice (ECJ) has finally crushed hopes that more public bodies and charities engaged in cultural activities could claim VAT exemption on their admission charges. Its recent judgment in the VAT case of the British Film Institute (BFI), released in February, draws a line under an argument that has been running for the last four years.

Tax relief for the video games sector

The Video Games Tax Relief (VGTR) allows qualifying UK gaming studios to claim a larger deduction, or in some circumstances claim a payable tax credit when calculating their tax profits.

Read more to find out what eligibility criteria apply, and how this relief can support studios to grow.

Spring Budget 2017 – new tax relief for museums and galleries

We were very encouraged to see the Chancellor's announcement of a new tax relief for museums and galleries in his first – and last – Spring Budget. Effective from 1 April 2017, this offers tax relief of 25% and 20% for touring and non-touring exhibitions respectively. This is a welcome extension of the creative sector tax reliefs for new exhibitions and we will post a further update once we have studied the full details and rules around this.

The Budget 2016 – video summary

A sugar-coated Budget for the next generation

In the uncertain global economic environment, the Chancellor’s deficit-reduction goals have become more challenging. But he still managed to strike an up-beat tone when delivering “a Budget that puts the next generation first”.

Museums and galleries - is your digital strategy working?

Digital technology offers museums, galleries, media and arts institutions huge opportunities to reach out to a broader audience, increase income and raise profile. The sector has embraced the digitisation of collections, websites, marketing and fundraising databases and audio visual in displays and exhibitions. But how can you achieve a full digital strategy with limited funds without making expensive mistakes? And how can you link current digital activities into a cohesive business strategy?

An Autumn Statement for “rebuilding Britain”

Five years since delivering his first spending review, George Osborne spent over an hour delivering his 2015 Autumn Statement. He repeatedly stated the Government’s intent to build public services, infrastructure, national defences and strong public finances.