Land and buildings ― income ― admission charges

Produced by a Tolley Value Added Tax expert

Value Added Tax

Guidance

This guidance note provides information about:

•
the VAT treatment of admission charges for places of culture or entertainment
•
the VAT treatment of admission charges for sports facilities
•
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.

Circumstances	VAT treatment	Legislation	Guidance
Charges made by charities and other qualifying bodies for admission to fund-raising events, which may include events that include cultural activities or entertainment	Subject 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 rate	VATA 1994, Sch 9, Part II, Group 12	Liability ― 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+™

TAKE A FREE TRIAL NOW

Popular Articles

Owner-Managed Businesses

Relief for employee share schemes

Relief for employee share schemesRemuneration expenses are generally deductible for corporation tax purposes as they are considered to be incurred wholly and exclusively for the purposes of the trade. However, expenses relating to shares are usually classed as capital and are therefore not

14 Jul 2020 13:21 | Produced by Tolley Read more

Owner-Managed Businesses

Sales, advertising and marketing

Sales, advertising and marketingExpenditure on sales, advertising and marketing activities may include amounts which are disallowable for the purposes of calculating trading profits. This may be because the expenditure is:•capital in nature (see the Capital vs revenue expenditure guidance note)•not

14 Jul 2020 13:28 | Produced by Tolley Read more

Employment Tax

Payroll record keeping

Payroll record keepingUnder SI 2003/2682, reg 97, “...an employer must keep, for not less than 3 years after the end of the tax year to which they relate, all PAYE records which are not required to be sent to [HMRC]...”. Reasons for keeping the records include:•being able to calculate tax and

14 Jul 2020 12:52 | Produced by Tolley in association with Ian Holloway Read more

��Ƶ