§ Mr. FauldsTo ask the Minister for the Arts which of the offers of objects in lieu of tax during the financial year 1988–89 listed in his answer on 24 April,Official Report, column 432, carried a condition as to destination; if he will give the relevant particulars; whether he will give particulars of the 10 portraits satisfying tax of £260,717; and whether he will give the total sum of tax thus satisfied during the year in question, with a breakdown into (a) the total covered by the basic provision and (b) the total covered by recourse to the reserve.
§ Mr. LuceAmong the items accepted in lieu of tax in the financial year 1988–89 referred to in my answer of 24 April,Official Report, c.432, the following carried conditions:
Print by William Blake—conditional upon allocation to the Fitzwilliam Museum.The Artist's Studio" by Tillemans—conditional upon allocation to the Castle Museum, Norwich.Roubiliac busts—conditional upon remaining in situ at Mellerstain House.Kauffman portraits—conditional upon allocation to the Scottish National Portrait Gallery.Fabula" by E1 Greco—conditional upon allocation to the National Galleries of Scotland.The £260,717 referred to in the answer of 24 April has been paid in respect of nine portraits accepted in lieu of tax (a tenth portrait was withdrawn at a late stage); further details of the acceptance of this conditional offer and allocation will be announced shortly by my right hon. Friend, the Secretary of State for Scotland.
The total tax satisfied during the 1988–89 financial year was £6,719,816.88, of which £2 million was covered by the basic provision and £4,719,816.88 was spent from the Reserve. The total includes £30 additional tax on the Kauffman portraits, announced as £34,100 in the reply of 24 April.