½Û×ÓÊÓƵ

Land and buildings ― income ― admission charges

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance

Land and buildings ― income ― admission charges

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
imgtext

This guidance note provides information about:

  1. •

    the VAT treatment of admission charges for places of culture or entertainment

  2. •

    the VAT treatment of admission charges for sports facilities

  3. •

    whether there is a single supply of admission or there are multiple supplies

For detailed commentary, see De Voil Indirect Tax Service V4.110F and V4.110G.

Admission charges for places of culture or entertainment

The table below provides a summary of the VAT treatment of admission charges for art exhibitions, concerts, galleries, museums, musical and choreographic performances of a cultural nature, places of entertainment, sports grounds, theatres, and zoos.

CircumstancesVAT treatmentLegislationGuidance
Charges made by charities and other qualifying bodies for admission to fund-raising events, which may include events that include cultural activities or entertainmentSubject to conditions, the admission charges are exempt from VAT. If the conditions for VAT exemption are not met, the admission charges are subject to VAT at the standard rateVATA 1994, Sch 9, Part II, Group 12Liability ― fundraising events
Charges

Continue reading the full document
To gain access to additional expert tax guidance, workflow tools, and tax research, register for a free trial of Tolley+â„¢
Powered by

Popular Articles

Wholly and exclusively

Wholly and exclusivelyFor both income tax and corporation tax purposes, one of the fundamental conditions that must be satisfied for an item of expenditure to be deductible, is that it must incurred ‘wholly and exclusively’ for the purposes of the trade, profession or vocation. References to CTA

14 Jul 2020 14:00 | Produced by Tolley Read more Read more

Bare trusts ― income tax and CGT

Bare trusts ― income tax and CGTThis guidance note explains how trustees of bare trusts are treated for income tax and capital gains purposes. Although a bare trust is, in equity, a type of trust, for both income tax and capital gains tax purposes its existence is transparent. This means that no tax

14 Jul 2020 15:34 | Produced by Tolley Read more Read more

Terminal trading loss relief

Terminal trading loss reliefTerminal loss relief for trade losses in the final 12 monthsTrading losses incurred by a company in the final 12 months leading up to the discontinuance of trade may be carried back for up to three years from the period beginning immediately before that 12-month period.

14 Jul 2020 13:49 | Produced by Tolley Read more Read more