Acceptance in Lieu report
Acceptance in Lieu report
December 12 2022
Picture: ACE
Regular readers will know what an admirer I am of the UK's acceptance-in-lieu scheme, which allows museums to acquire important works of art if the government agrees to forgo an amount of tax equivalent to their value. This year's report is out, here, and details some major new acquisitions, including a Wright of Derby self-portrait for Derby Museum (which I've reported on before, here); a Hogarth portrait for Strawberry Hill; a Veronese portrait for the National Gallery; a Canaletto for the V&A; and the above Lo Spagna of Christ Carrying the Cross (above), which was previously in the Sutherland Collection, but has now been allocated to the National Gallery, which has its pendant, Christ in the Garden of Gethsemene. The total amount of tax foregone was over £27m.
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