- Date: 8 November 2012
- Area: National
Ottoman jade tankard - one of 51 items accepted in lieu between 2010-12. Credit: Christie's Images
Today we have published the Acceptance in Lieu (AIL) scheme Report 2010-12 which sets out 51 cases of major cultural significance that have been allocated to the nation's public museums and galleries over the past two years.
The scheme, administered by Arts Council England's Acquisitions, Exports, Loans and Collections Unit, allows those who have a bill for Inheritance Tax to offset part of those taxes by donating important cultural, scientific or historic objects to the nation.
Turner, Reynolds and JG Ballard items acquired
The cases in the report include two paintings by 18th century English painter Sir Joshua Reynolds; two watercolours by JMW Turner; the only known Ottoman jade tankard to be held in a UK collection and a comprehensive archive of the works of the author JG Ballard. Descriptions of all of the 51 cases can be found in the report.
The items accepted through this scheme are allocated to public collections and are available for everyone to engage with and enjoy. Items have been allocated across the UK, ranging from some of our smallest museums and galleries to national institutions.
More than £215 million of cultural worth donated over past decade
In 2010/11, cultural objects worth a total of £8.3 million were allocated to national institutions, and in 2011/12, £31.3 million. The acceptance of these objects has settled £24,950,413 worth of tax. Over the past decade, approximately £215.4 million of cultural worth has been donated to the nation.
Enriching public collections to benefit audiences
Liz Forgan, Chair, Arts Council England, said:
'The range and quality of objects donated during the two years covered by this report is as impressive as ever - from masterpieces of European painting by Rubens and Turner, and the Capel Garman Firedog created in Wales two millennia ago, through to the artistic achievements of the last few decades represented in three exceptional paintings by Keith Vaughan whose centenary is being celebrated this year.
'Philanthropy has always played an important part in contributing to this country's cultural heritage. We want to encourage more people to donate through the AIL scheme so that our nation's public collections are further enriched for the benefit of audiences throughout the country.'
The Acceptance in Lieu scheme
Former Prime Minister, David Lloyd George, introduced the scheme to Britain in 1910 as part of the People's Budget. Over a century later, thousands of important and significant items have been allocated to museums, archives and galleries across the UK - including Picasso's Weeping Woman - and can now be accessed and enjoyed by the general public.
The AIL scheme is administered by Arts Council England's Acquisitions, Exports, Loans and Collections Unit. The Unit awards Accreditation and Designation to museums and collections, administers Government Indemnity which provides a no-cost alternative to insurance for loans on public exhibition and recommends which vital works of art and items of cultural significance should remain in the country advising on the acceptance and allocation of cultural objects in lieu of inheritance tax.