£65m of Objects Accepted in Lieu of Tax
December 21 2020
Picture: North Hertfordshire Museum
Posted by Adam Busiakiewicz:
The Antiques Trade Gazette have published an article on the bumper year for art entering public collections as part of the acceptance in lieu scheme. In 2020 £65m worth of objects were accepted settling £40m in tax. This includes works by the likes of William Blake, Marc Chagall, Frank Auerbach and Spencer Gore (pictured).
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