collectors donate art england taxes degas bill brandt 1234770108

Arts Council England announced the results of the 2024-25 Cultural Gifts Scheme and Acceptance in Lieu initiatives, through which 32 artworks valued at nearly $80 million entered public collections. Highlights include Edgar Degas's pastel *Danseuses roses* (ca. 1897–1901) donated to the National Gallery, paintings by Max Liebermann and Max Pechstein given to the Ashmolean Museum, a historic desk used by Prime Ministers Benjamin Disraeli and Winston Churchill acquired by the National Trust, and 77 photographs by Bill Brandt donated to Tate. The report covers transfers from April 2024 to March 2025.

sir joshua reynolds portrait inheritance tax 602312

The Tate in London has acquired a full-length portrait by Joshua Reynolds of the 5th Earl of Carlisle (1748–1825) through the UK's Acceptance in Lieu scheme, which allows art to be transferred to the nation in place of inheritance tax. The painting, valued at $6.1 million (£4.7 million), was painted in 1769 and had hung at Castle Howard in North Yorkshire for over 200 years. It will remain on public display there but will also travel to other venues including Tate Britain.

Work by Edgar Degas among £59.7m haul of art donated to UK public collections in exchange for tax benefits

Works by Edgar Degas and Ben Nicholson are among the artworks donated to UK public collections through the government's Acceptance in Lieu (AIL) and Cultural Gifts Schemes (CGS) between April 2024 and March 2025. The total value of objects gifted reached £59.7 million, settling £39.3 million in tax. Degas's pastel *Ballet Dancers* (1888) was allocated to the National Gallery in London, settling £7.9 million in tax, while three paintings by Ben Nicholson went to Kettle's Yard in Cambridge and a fourth to Pallant House Gallery. Other donations include 73 photographs by Bill Brandt to Tate, a Vanessa Bell still life to the Charleston Trust, and works from the Radev Collection.

A Degas for London

Un Degas pour Londres

The National Gallery in London has acquired a pastel by Edgar Degas through the UK's 'acceptance in lieu' scheme, which allows heirs to settle inheritance taxes by transferring important works of art to public collections. The artwork depicts ballet dancers not in performance, but in a state of exhaustion and idleness backstage, capturing a raw, unglamorous moment.

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.

Masterworks from Jacob Rothschild collection go to London's National Gallery and V&A under acceptance in lieu scheme

Two masterworks from the collection of the late Jacob Rothschild—Guercino's *King David* (1651) and John Deare's *Edward and Eleanor* (1790)—have been allocated to London's National Gallery and the Victoria and Albert Museum (V&A) respectively under the UK's acceptance in lieu (AIL) scheme. The Guercino painting settles £5.6 million in inheritance tax, and will be reunited with two related Guercino works already at the National Gallery. The marble relief by Deare enters the V&A's collection.