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Arts: Finance

Volume 472: debated on Monday 3 March 2008

To ask the Secretary of State for Culture, Media and Sport what long-term strategy his Department has in place for the balance of funding for national institutions in the arts and heritage sector between grant-in-aid and other forms of funding. (190623)

The future health of the arts and heritage sectors will be dependent on securing optimal levels of public and private investment. Sustained investment from central and local government, the National Lottery, business, private individuals and trusts and foundations will all play an important role in the long-term support of our cultural heritage.

Grant in aid for the next three years has now been allocated following the completion of the comprehensive spending review. My Department is working with a broad range of stakeholders to ensure that our investment is complemented by funding from other sources.

To ask the Secretary of State for Culture, Media and Sport what proportion of donations made to national institutions in the arts and heritage sector by private sponsors can be reclaimed as tax relief. (190624)

Tax issues are of course the responsibility of the Chancellor of the Exchequer and my Department works closely with the Treasury on matters such as the current review of Gift Aid. A broad range of tax reliefs are available to private donors and sponsors of bodies in the arts and heritage sector. These will vary depending on the tax status of each donor. We are keen to ensure appropriate incentives for giving to culture and to secure greater take-up of measures such as Gift Aid across the sector.