A mural painted by world-renowned street artist Banksy is to be removed from its home in Wales and taken to a secure location after attempts by “fanatics” to damage the artwork, its owner has said.
Season’s Greetings, which depicts a message about the impact of pollution on communities, appeared on the outside of a steelworker’s private garage in Taibach, Port Talbot, on December 19, 2018.
It was bought by art dealer John Brandler, who agreed to keep the piece in the south Welsh town for three years, and the Welsh government later paid to have it moved to an unoccupied shop in Ty’r Orsaf so it could be viewed by the public.
On Tuesday, it will be taken to a temporary storage centre, before being lent to a cultural institution that will put it on display to the public, while its long-term future is secured.
“Since Season’s Greetings appeared three years ago, fanatics have tried to destroy this amazing piece of art," Mr Brandler said.
“We’re moving it to preserve it for future generations, where it can be seen and enjoyed but not vandalised.”
The mock Christmas scene, created using stencils and spray paint, includes a dumpster fire next to a child with a sled who is trying to catch falling snow on their tongue.
The snow is actually black dust from the town’s steelworks, something that fell heavily in the summer of 2018.
Neath Port Talbot Council has said its attempts to keep the work in the town have failed and that if it stayed, the municipality would have to pay Mr Brandler £100,000 ($135,000) a year to borrow it from him.
In November 2021, council leader Ted Latham issued a statement to “set the record straight” regarding the impending departure of the Banksy mural.
Mr Latham said he was told the work would be moved to an exhibition in Peterborough.
“Discussions were held on future arrangements and the potential for the work to remain in Port Talbot," he said.
"But the council was informed that it would have to meet the costs of its removal and installation into a new venue, to continue to cover the insurance and to pay a fee in the region of £100,000 per year for the loan of the work.
“It has been estimated the cost of removal and relocation to another venue [even without insurance to cover the operation to move it] of Season’s Greetings would be around £50,000.”
Many have called it a “missed opportunity” to revitalise the town.
They include actor Michael Sheen, who grew up in Port Talbot and this month criticised the extraction of art from Wales into England.
The artwork will be removed in one piece after being encased in a specially designed protective shell made by design company the Egg Group.
The Banksy Preservation Society aims to raise funds through exclusive Banksy NFT Art drops to fund the preservation of Season’s Greetings and other works and ensure it will be on display to the public in the future.
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Ten tax points to be aware of in 2026
1. Domestic VAT refund amendments: request your refund within five years
If a business does not apply for the refund on time, they lose their credit.
2. E-invoicing in the UAE
Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption.
3. More tax audits
Tax authorities are increasingly using data already available across multiple filings to identify audit risks.
4. More beneficial VAT and excise tax penalty regime
Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.
5. Greater emphasis on statutory audit
There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.
6. Further transfer pricing enforcement
Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes.
7. Limited time periods for audits
Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion.
8. Pillar 2 implementation
Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.
9. Reduced compliance obligations for imported goods and services
Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations.
10. Substance and CbC reporting focus
Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity.
Contributed by Thomas Vanhee and Hend Rashwan, Aurifer
MATCH INFO
New Zealand 176-8 (20 ovs)
England 155 (19.5 ovs)
New Zealand win by 21 runs
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Gulf rugby
Who’s won what so far in 2018/19
Western Clubs Champions League: Bahrain
Dubai Rugby Sevens: Dubai Hurricanes
West Asia Premiership: Bahrain
What’s left
UAE Conference
March 22, play-offs:
Dubai Hurricanes II v Al Ain Amblers, Jebel Ali Dragons II v Dubai Tigers
March 29, final
UAE Premiership
March 22, play-offs:
Dubai Exiles v Jebel Ali Dragons, Abu Dhabi Harlequins v Dubai Hurricanes
March 29, final
Avatar: Fire and Ash
Director: James Cameron
Starring: Sam Worthington, Sigourney Weaver, Zoe Saldana
Rating: 4.5/5