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UK Extends Tax Relief For Art Imports To Revive Ailing Market

UK Extends Tax Relief For Art Imports To Revive Ailing Market

by News Desk | Mar 13, 2025 | Art market news

In order to bolster the struggling British art economy, the UK Treasury has extended the window for fine art and antiques from overseas to enter the country without incurring import duties. The Temporary Admission (TA) scheme, which previously allowed goods to remain...
Arts In the UK Generate £140 billion In Revenue Reveals DCMS

Arts In the UK Generate £140 billion In Revenue Reveals DCMS

by News Desk | Dec 6, 2023 | Art market news

People across the United Kingdom are deeply connected to the arts, as evidenced by the findings of a 2023 survey conducted by DCMS. An impressive 91 percent of UK adults engaged with the arts at least once in the previous year, with 74 percent attending events such as...
Brexit Effect On UK Art Market Tested At Summer Fair Corridor

Brexit Effect On UK Art Market Tested At Summer Fair Corridor

by News Desk | Jun 24, 2016 | News

One thing the referendum has done is to throw into extremely sharp relief the cultural divide between the metropolis and most of the regions. London has increasingly tended to see itself as a ‘world city’ – a cultural meeting point. The regions want none of this...
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