Consultation outcome

Gifts of pre-eminent objects and works of art to the nation

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

This consultation has concluded

Download the full outcome

Gifts of pre-eminent objects: summary of consultation responses

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Detail of outcome

In addition to a summary of consultation responses, the document sets out the Government’s response.

Original consultation

Summary

Views on a new scheme to stimulate lifetime giving of gifts of pre-eminent objects to the nation.

This consultation ran from
to

Consultation description

Background

Views on a proposed new scheme to stimulate lifetime giving of gifts of pre-eminent objects to the nation by offering donors a reduction in their tax liability, based on a set percentage of the value of the object they are donating.

The aim of the scheme is to appeal to owners of objects and collections who may want to see them placed in appropriate institutions during their lifetime, and to be held in perpetuity for others to enjoy. The scheme will help bolster UK heritage by making more pre-eminent objects available for public display.

Further technical consultation

Draft clauses covering the implementation of the new scheme to encourage gifts of pre-eminent objects will be included in the Finance Bill 2012, and explanatory notes giving further details of the draft legislation are being published at the same time as this document.  Draft guidance providing an outline of the scheme and how it will be operated is also being published. 

Documents

Gifts of pre-eminent objects and works of art to the nation (PDF 559KB)

This file may not be suitable for users of assistive technology. Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email digital.communications@hmtreasury.gsi.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Published 29 June 2011