VAT ruling could 'open the floodgates' for cultural admissions

VAT ruling could 'open the floodgates' for cultural admissions: A recent decision by the tax tribunal in favour of the British Film Institute could open the floodgates for more cultural charities to claim their admission fees should be exempt from VAT.

Last year, the BFI brought a case before the First-Tier Tribunal (Tax and Chancery) that the VAT exemption that already applies to “cultural services” such as museums, art galleries and theatre performances should also cover admissions to cinema screenings hosted by charitable bodies.