Reynolds works acquired by Waddesdon Manor under UK's acceptance in lieu scheme

Two major paintings by 18th-century British artist Joshua Reynolds—David Garrick Between Tragedy and Comedy (1761) and Portrait of Joanna Leigh, Mrs Richard Bennett Lloyd (1775-76)—have been acquired by Waddesdon Manor in Buckinghamshire under the UK’s acceptance in lieu (AIL) scheme. The works, from the estate of Jacob Rothschild who died in February 2024, settled a combined £24.5 million in inheritance tax. Both paintings had been on loan to Waddesdon Manor, a National Trust property managed by Rothschild, since 1995.