UK Museums About To Lose Tax Loophole

“In the last two years museums, encouraged by the Association of Independent Museums, and some independent consultants, realised they could take advantage of a ‘gift aid’ tax concession. This allows charities to reclaim tax on donations from UK taxpayers. The loophole for museums worked by visitors agreeing to make a ‘donation’ equal to the admission fee, and in return they were nominally admitted free.” But That’s soon to go away…