000			01222cam a2200193 4500
001			X122823
008			030701n2003 000 0 eng u
035			_a(Sirsi) u122823
100			_aMcQuillan, G.
245			_aAcceptance in lieu: history and practise
260			_c2003
490			_aChristie's Bulletin for Professional Advisers _v8(1) 2003 7-18(12)
520			_aTraces the history of the Acceptance in Lieu (AIL) scheme up the present day. Since 2000. AIL has been administered by Resource: Council for Museums, Archives and Libraries. Explains how AIL operates in conjunction with the Board of Inland Revenue. Highlights the advantages of AIL including the preservation of cultural objects for the nation and ensuring access to all through displaying objects in galleries and museums. Table 1 provides annual figures for tax satisfied by Acceptance in Lieu, Table 2 provides a framework of reference for expert advisers to help in formulating advice on whether an item is pre-eminent. Table 3 lists approved bodies within Inheritance Tax Act 1984 Sched 3.
650			_aINHERITANCE TAX
650			_aWORKS OF ART
650			_aACCEPTANCE IN LIEU SCHEME
690			_aArts and antiques _96217
942			_n0
999			_c72958 _d72958