Valuable masterpieces by Sir Joshua Reynolds, JMW Turner and Peter Paul Rubens have been given to the nation in lieu of tax after the deaths of their owners. Fifty-one items of "major cultural significance" worth a total of £40m were offered in place of £25m of...
Samian Sibyl with a Putto by Guercino (1591 – 1666) - La Ferté by Richard Parkes Bonington (1802 – 1828)Two important works of art have been surrendered to the nation in lieu of taxes. Samian Sibyl with a Putto by Guercino (1591 – 1666), has...
The Musée Picasso Paris opens their doors today after five years of remodelling the 17th-century mansion in the Marais district. French president, François Hollande will cut the ribbon, opening a new era for the popular museum.The museum has cost more than $60...
A significant collection of works, never before on the market, by Man Ray will be offered at Sotheby's, Paris on 15 November. Drawings, Objects, Jewellery, Chess and Film. This will be the very last opportunity to acquire works by Man Ray coming directly from the...
A court has ruled that Lucian Freud’s will is to remain secret despite a challenge by his son Paul McAdam Freud. McAdam Freud one of 14 of Freud's offspring was told by the trustees of Freud’s £96 million estate that he was not on his father’s...
A collection of paintings and drawings by Frank Auerbach belonging to the artist Lucian Freud is looking for a permanent home in public museums and galleries across the UK. The collection was bequeathed to the nation when the painter died in 2011, in Lieu of taxes...
Turner, Hepworth and Sickert saved for the Nation to enjoyNational treasures worth millions were saved from export and purchased for public collections in lieu of taxes across the UK, in the last year . They are highlighted in the 57th annual report of the...
A pastel by Edgar Degas led £59.7m worth of artworks into UK public collections last year, as donors used government-backed cultural schemes to settle £39.3m in tax liabilities. Figures released by Arts Council England (ACE) show that works accepted through the...
Jeremy Hunt's ‘Acceptance in Lieu’ increase – a scheme accepting art in place of cash taxes – bodes well for the cultural fabric of BritainThe government today announced a scheme that promises enhance the cultural wealth of Britain and its...