Inheritance tax

UK museums acquire works by Damien Hirst and Claude Monet under tax relief schemes

More than 40 items worth over £52m allocated to galleries nationwide including a £10.5m miniature Renaissance bronze

Taxnews

UK government receives record £65m art gifts in lieu of inheritance tax

National scheme gains significance in the pandemic as "a shift away from blockbuster touring shows" will place greater importance on public collections

Taxarchive

Will Obama’s ‘middle-class economics’ hit inherited art?

Proposed tax reforms could make the rich feel less well-off—and less likely to spend on art

Newsarchive

Heirs of millionaire art collector at loggerheads

The difficulty has arisen because Mr Eastman left the bulk of his estate in a “marital trust” for his wife

Acceptance in lieu deal worth £9.3 million agreed for historic house furniture

Houghton Hall’s William Kent furniture to remain in house but to belong to Victoria & Albert Museum

Tate misses out on a Van Dyck portrait of Lucy Percy

Van Dyke painting withdrawn from sale at Christie's.