by Katie Lee, development lead
The Cultural Gifts Scheme enables UK taxpayers to donate, during their lifetime, important works of art and other heritage objects to be held for the benefit of the public or the nation. In return, donors receive a tax reduction based on a set percentage of the value of the item they donate.
Donors can also bequeath pre-eminent objects or collections in their will through the Acceptance In Lieu scheme, which may reduce the Inheritance Tax liability on their estates.
In order for objects to be considered for acceptance to either scheme they must be found to be pre-eminent by the Acceptance in Lieu Panel. This means they must be of particular historical, artistic, scientific or local significance, as well as in an acceptable condition. More information can be found on the Arts Council’s website
Help us look after your treasures for generations to come
Bristol Museums is an accredited museum and has a responsibility to protect and preserve objects within our collections.
If you are planning to donate an object during your lifetime or in your Will to Bristol Museums, please also consider whether you might be able to leave a cash donation in your Will in order to support us in this endeavour.
Some of our supporters like to leave our charity either a fixed sum donation or a percentage of what’s left after they have provided for loved ones.
Please speak to a member of the Development Team if you would like to know more about leaving a gift in your Will or are considering leaving an object so that our curators can advise whether we will be able to accept the artefact.
Development Lead, Katie Lee
T: 0117 352 5568
E: [email protected]