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My name is Elizabeth Edwards and I started the Arts Magazine as a personal blog just to show off my art....it grew! I live in Manchester, UK, with my fiance Robin, a sculptor, and a mad floppy eared GSD. Thank you for visiting. |
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Public art boosted by tax scheme
Works of art by Titian and David Hockney are among almost £20m worth of cultural objects accepted in lieu of tax this year, it has been revealed.
Under the Acceptance in Lieu scheme, people can transfer important works of art into public ownership instead of making inheritance tax payments.
Items are then allocated to public museums, archives or libraries.
Works by Sir Anthony van Dyck and Thomas Gainsborough were also among items saved for the nation.
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Tags: Anthony Van Dyck, david hockney, Important Works, Inheritance Tax, Libraries, Museums Archives, People, Public Art, Public Museums, Scheme Works, Sir Anthony van Dyck, Tax Payments, Tax Scheme, Thomas Gainsborough, Titian, Works Of Art
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