Our budget views in blue: Gift aid of pre-eminent gifts and work of art

| 22nd March 2012

These will attract a 30% tax credit for individuals and 20% for companies. A panel of experts will decide the “pre-eminence”. The tax credit may be spread over 5 years if it suits the taxpayer

This is largely to encourage promotion of British heritage and making suitable items of art etc. available for display.