CVAN has partnered UCL to research the impact of the Museum and Exhibition Tax Relief (MGETR).
Members of the visual arts community joined Peter Antonioni, UCL School of Management and his students to consider the impact of the relief itself, and the wider case of what impacts will be felt by the sector. Two programmes were produced.
The first was a series of facilitated discussions modelled on an initial workshop, conducted in June 2022, culminating in the report – MGETR SANDPIT TWO: REPORT AND FURTHER DIRECTIONS*.
The second was a consultancy performed by UCL management student, Maxim Vashkevich, which looked at the valuations of activity in the visual arts, discussing both valuation methodologies and places where more discussion or analysis is needed to arrive at an estimate of value. MUSEUM AND GALLERY EXHIBITION TAX RELIEF: IMPACT OF A CREATIVE INDUSTRY TAX RELIEF / VALUE OF THE ARTS
‘The longitudinal study demonstrates undeniably the benefits of the tax relief for museums and galleries. Unrestricted income streams built into budgetary planning empowers organisations to adapt and engage new audiences through innovative exhibition programmes. It is a game-changer, enabling those eligible organisations to ability to flex, respond to opportunities and mitigate economic challenges.’
Sue Ball, leading CVAN Museum Gallery and Exhibition Tax Relief, reflects on the impact of the UCL report. June 2020.
We extend our thanks to Peter Antonioni, Maxim Vashkevich and students at the UCL School of Management, Sue Ball, YVAN, and CVAN national for their research and collaboration.
Peter Antonioni, School of Management, University College London, Co-author, Sue Ball, CVAN England & Yorkshire Visual Arts Network. Research supported by UCL School of Management.
