… There is a scheme whereby HM Revenue & Customs accept artwork, or objects in lieu of Inheritance Tax, together with a further scheme in respect of pre-eminent artwork and objects which provide for an enhanced relief for the donor’s estate. The government have now gone one step further by

… Charitable donations made under Gift Aid qualify for beneficial tax treatment. Where donations are made by individuals, the donation is treated as being made net of basic rate tax deducted at source at the rate of 20% by the donor. The charity is able to recover this basic rate