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08/10/2014
Churchill Paintings Offered In Lieu Of Inheritance Tax
The family of Sir Winston Churchill have offered 38 paintings done by Sir Winston himself, in lieu of inheritance tax.
The paintings, which have always remained within the Churchill family, are currently on loan to Chartwell, the Churchill family home.
It is understood that Sir Winston's daughter, Lady Mary Soames, who died in May, had requested in her will that the paintings remain at Chartwell.
However, the family have offered the paintings, which have been described as "a national treasure of major historical and artistic importance", in lieu of inheritance tax.
The government is expected to make a decision on the offer next year.
(MH/JP)
The paintings, which have always remained within the Churchill family, are currently on loan to Chartwell, the Churchill family home.
It is understood that Sir Winston's daughter, Lady Mary Soames, who died in May, had requested in her will that the paintings remain at Chartwell.
However, the family have offered the paintings, which have been described as "a national treasure of major historical and artistic importance", in lieu of inheritance tax.
The government is expected to make a decision on the offer next year.
(MH/JP)
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Churchill Collection Given To Nation In Lieu Of Tax
Thirty seven paintings by Sir Winston Churchill have been donated to the nation in lieu of inheritance tax. The paintings had been in the estate of Lady Mary Soames, Sir Winston's daughter, who died last year aged 91. The collection, with the exception of two works, has now been allocated to the National Trust in lieu of £9,404,990 tax.
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BNP Enjoys 'Oxygen Of Publicity'
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