Art News. Vasari Codex

Outgoing Tate Director Argues for Bigger Tax Breaks for Donors

Outgoing Tate director Maria Balshaw has publicly called on UK Chancellor Rachel Reeves to implement larger tax breaks for wealthy philanthropists who donate to museum endowment funds. She argues this would level the playing field with US institutions and provide crucial financial stability for UK museums.

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article policy schedule Feb 17, 2026 visibility 37 link 5 artists

UK artist resale right at 20: how successful has the pioneering scheme been?

The UK's Artist Resale Right (ARR), a law entitling visual artists to royalties from secondary market sales of their work, marks its 20th anniversary. Initially met with fierce opposition from auction houses and dealers who feared it would drive high-value sales offshore, the scheme is now largely accepted by the UK art trade, though concerns about administrative burdens compared to markets like New York and Hong Kong remain.

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