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Theatres, zoos and museums benefit from VAT change.

Publication: M2 Presswire
Publication Date: 31-DEC-03
Format: Online - approximately 602 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 December 2003-UK Government: Theatres, zoos and museums benefit from VAT change(C)1994-2003 M2 COMMUNICATIONS LTD

RDATE:12312003

Changes announced in the Pre-Budget Report clarify the VAT position for cultural bodies such as museums, zoos and theatres and their visitors.

A judgment of the European Court of Justice (ECJ) in the case of The Zoological Society of London (London Zoo) threatened some cultural attractions with financial loss, as they would no longer be able to reclaim VAT they paid on purchases because their admission charges are exempt.

John Healey, Customs...

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