Acceptance in Lieu
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Acceptance in Lieu Report 2010-12 2 Acceptance in Lieu Report 2010-12 Contents Preface Acceptance in Lieu Cases 2011/12 Dame Liz Forgan, Chair, Arts Council England 4 27 A George I giltwood centre table from 38 Houghton Hall Introduction 28 The archive of Lord Louis and 39 Tim Knox FSA, Chair of the Acceptance 5 Lady Edwina Mountbatten in Lieu Panel 29 Barbara Hepworth: Meditation 40 Cultural Gifts Scheme 6 30 Barbara Hepworth: 41 Allocation of objects accepted in lieu 7 four sculptures and three works on paper Valuations 7 31 The archive of the Wyndhams of 43 Conditional Exemption and 8 Orchard Wyndham Immunity from Seizure Monitoring 32 John Raphael Smith: Portrait of William Cobbett 44 Acknowledgments 8 33 Capel Garmon Firedog 45 Acceptance in Lieu Cases 2010/11 34 J M W Turner: 46 Lowther Castle, Westmoreland, Evening 1 Chattels from Basildon Park 11 The Spencer House sofa 47 2 Francesco Guardi: View of the Palazzo Loredan 12 35 dell’Ambasciatore on the Grand Canal, Venice 36 Chattels from Seaton Delaval 48 3 Sir Thomas Lawrence: Portrait of Emily Mary Lamb 13 37 Guercino: The Samian Sibyl 49 4 Mineral specimen of a prehnite 14 38 Sir Joshua Reynolds: 50 pseudomorph after laumontite Miss Maria Gideon and her brother, William 5 Maurice de Vlaminck: Still Life 15 39 Sir Peter Paul Rubens: The Triumph of Venus 51 6 Jean-Étienne Liotard: Two Ladies in Turkish Costume 16 40 Newcastle glass collection 52 7 Jean-Antoine Watteau: double-sided drawing 17 41 Garofalo: The Adoration of the Shepherds 53 8 Jean-Auguste-Dominique Ingres: 18 42 Chattels from Lyme Park 54 Portrait of the Maréchale Kutusov 43 Camden Town Group: paintings and drawings 55 9 Jean-Honoré Fragonard: Landscape with a Bridge 19 44 The Cowper Seal cups 56 10 Giorgio Morandi: two paintings 20 45 J M W Turner: Rome from Monte Mario 57 11 Charlotte de Syllas: Anni’s necklace 21 46 Archive of the Maskelyne and 58 12 Archive of J G Ballard 22 Arnold-Foster families 13 Kidderminster portraits 23 47 Paintings, drawings and etchings by Walter Sickert 59 14 Paul Gauguin: Two Standing Tahitian Women 24 48 Papers of Sir Stephen and Lady Natasha Spender 60 15 Bruce Turner: Pavlova 25 49 Pietro da Cortona: Male Nude as Bacchus 61 16 Harold Pinter awards 26 50 Churchill family papers 62 17 Willem van de Velde the Younger: 27 51 Two sets of George II silver wine coolers 63 two marine paintings Appendix 18 The Butler family papers 28 1 Acceptance in Lieu cases completed 2010/11 67 19 Robert Byron: photographic archive and portraits 29 2 Acceptance in Lieu cases completed 2011/12 68 20 Archive of the Savile of Rufford family 30 3 Members of the AIL Panel during 2010-12 69 21 Ottoman jade tankard 31 4 Expert advisers 2010-12 70 22 Papers of Charles Sturt 32 5 Permanent allocation of items reported in earlier 72 23 Sir Frederick Sykes: portrait and medals 33 years but only decided in 2010/11 and 2011/12 24 Sir James Guthrie: Portrait of Andrew Bonar Law 34 25 Keith Vaughan: three paintings 35 Opposite page: Detail from Edward Rolston’s map 26 Sir Joshua Reynolds: 36 of 1634 of Thornhill Park owned by Sir William Savile. Lady Honywood and her daughter Photo: Nottinghamshire Archives 3 Acceptance in Lieu Report 2010-12 Preface Dame Liz Forgan In 2010 when Arts Council England published Achieving Great Art for Everyone, our ten year vision for the arts, it had not yet been agreed that the Acceptance in Lieu (AIL) scheme and its Panel would be integrated into our portfolio of activities. Two years on, it seems natural that a scheme which brings a wealth of objects of major cultural significance and beauty into our nation’s public museums and galleries is part of our remit. The range and quality of objects donated during the two years covered by this report is as impressive as ever – from masterpieces of European painting by Rubens and Turner, and the Capel Garman firedog created in Wales two millennia ago, through to the artistic achievements of the last few decades represented in three exceptional paintings by Keith Vaughan whose centenary is being celebrated this year. Dame Liz Forgan, Chair, Philanthropy has always played an important part in contributing to this Arts Council England. country’s cultural heritage. We want to encourage more people to donate Photo: Steve Double through the AIL scheme so that our nation’s public collections are further enriched for the benefit of audiences throughout the country. And I am delighted that the role of the Arts Council and the AIL Panel is to be expanded in the next few months to include the administration of the new Cultural Gifts Scheme. This new scheme will give a tax reduction to people who donate a cultural work of art or object to the nation during their lifetime so that it can be enjoyed by everyone. The Arts Council is very fortunate in being able to call upon the expertise of the independent AIL Panel to assess the quality of the objects put forward for consideration. For the first part of the period covered by this report the Panel was chaired by Jonathan Scott who was succeeded in January 2011 by Tim Knox. Both have played a vital role in ensuring that the scheme maintains a high standard of excellence in the objects accepted in lieu, commands the respect of the Government and attracts audiences to these wonderful examples of our unique cultural heritage. I would like to thank them for their work and hope that over the coming years more private collectors will come forward to become public donors. Dame Liz Forgan Chair, Arts Council England 4 Acceptance in Lieu Report 2010-12 Introduction Tim Knox FSA This report of the Acceptance in Lieu (AIL) Panel covers the 51 cases considered and approved by the Panel over the two years 2010/11 and 2011/12. The variety and quality of the works and archives accepted by the nation in lieu of Inheritance Tax over the past two years underlines the value and success of this scheme, while the range of institutions to which these treasures are allocated – from Buckland Abbey in Devon to the University Museum in Glasgow – ensures that they are enjoyed by people all over Britain. Highlights include masterpieces by Guercino, Reynolds and Rubens, a series of nationally significant archives, a spectacular Iron Age firedog and a bejewelled Ottoman jade tankard. Many of the objects offered come from important historic collections and, in several cases, ensure that chattels historically associated with important country houses remain in situ in the settings for which they were bought or created. Tim Knox FSA, Chair, Acceptance in Lieu Panel. Moreover, acceptances over the past two years demonstrate the growing use Photo: Caroline Djanogly of the AIL scheme by the wider public; works by a wide range of 20th century artists reflect the collecting interests of the previous generations, as do more modest, but nonetheless significant items, such as a group of medals or a rare mineral specimen. We welcome this variety, while careful scrutiny by the Panel ensures that all offers are of high quality, in good condition, and of demonstable significance and interest. The expertise of Panel members, and those of the independent experts who we rely upon for advice, ensures a fair valuation is obtained for both the offeror and the nation – ensuring that the good reputation of the AIL scheme is maintained and promoted. Number and value of objects accepted in lieu 2003-12 Year to 31 March Number of cases Value of objects accepted Tax settled 2003 37 £39.9m £15.8m 2004 23 £21.7m £15.0m 2005 28 £13.0m £ 8.9m 2006 38 £25.2m £13.2m 2007 32 £25.3m £13.9m 2008 32 £15.2m £10.3m 2009 36 £19.8m £10.8m 2010 33 £15.7m £10.8m 2011 26 £8.3m £4.90m 2012 25 £31.3m £20.0m Totals 309 £215.4m £123.7m In 2010/11 nine cases with a value of £2.6 million were withdrawn or rejected during the period of the Panel’s evaluation and for 2011/12 the comparable figures were nine cases with a value of £16.8 million. 5 Acceptance in Lieu Report 2010-12 There was a dramatic increase in the value of items accepted in 2011/12: £31.3 million with £20 million of tax settled, as opposed to £8.3 million with £4.9 million tax settled the previous year. Both years considered similar numbers of cases, but a number of very valuable items in 2011/12 – the Rubens grisaille sketch, three other major Old Master pictures, and the Mountbatten archive – pushed us to the £20 million threshold for the AIL scheme. A further £10 million worth of pre-eminent items considered in 2011/12 had to be deferred until the next year’s AIL budget, as we were not permitted by HM Treasury to exceed the £20 million threshold, as had been permitted in former, albeit more prosperous, years. This increase was not due to any relaxation in our strict criteria for judging and valuing offers, but rather reflects the arbitrary and unpredictable nature of death and inheritance, and the dramatic increase in value of certain types of works of art. I took over the chairmanship of the AIL Panel from Jonathan Scott in 2011 and have striven to maintain the high standards that he always insisted upon.