 Acceptance in Lieu
The Acceptance in Lieu (AiL) Scheme enables taxpayers to transfer important works of art and other heritage objects into public ownership while paying Inheritance Tax, or one of its earlier forms. The taxpayer is given the full open market value of the item, which is then allocated to a public museum, archive or library. Acceptance in Lieu Annual Reports Acceptance in Lieu Report 2006/07  The Scheme has again had a successful year in 2006/07. This Report illustrates and gives full details of all 32 cases, involving objects valued at £25m, that were completed during the year. It tells the fascinating stories of such important acquisitions as the historic boats from Lake Windermere, a ninth century Viking silver brooch, a superb group of prints by Rembrandt and Goya, and eight important archives. These cultural treasures have been given by the Government and MLA to museums, libraries and archives across the UK.
 Acceptance in Lieu Report 2006/07 (PDF 4MB)
Previous Acceptance in Lieu Annual Reports Acceptance in Lieu Report 2005/06 (PDF 5MB)
Acceptance in Lieu Report 2004/05 (PDF 2.8MB)
Acceptance in Lieu Report 2003/04 (PDF 2.0MB)
Acceptance in Lieu Report 2002/03 (PDF 828KB)
Acceptance in Lieu Report 2000/02: Part 1 (PDF 346KB)
Acceptance in Lieu Report 2000/02: Part 2 (PDF 1.6MB)
Items recently accepted in lieu and available for allocation
These items have recently been accepted in lieu and are available to museums and galleries in the UK.
Items for Allocation
Acceptance in Lieu Guidance Notes
These guidance notes outline the purpose and process of the scheme, identifying the benefits to potential offerors and receivers (museums, galleries, libraries and archives).  Acceptance in Lieu Guidance Notes (Word 34KB)
More detailed guidance on making offers in lieu is set out below. This includes information of particular relevance to those offering archival material. Acceptance in Lieu Detailed Guidance Notes on Making an Offer (Word 78KB) Members of the Aceptance in Lieu Panel Members of the Acceptance in Lieu Panel (Word 47KB)
Conditional Exemption MLA also advises HM Revenue & Customs on works of art, manuscripts, heritage objects and historical documents, which are preserved and made available to the public in return for conditional exemption from Inheritance Tax or Capital Gains Tax. HM Revenue & Customs - Tax exempt heritage assets and how to see them
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