Lucian Freud’s treasured collection of paintings and drawings by his friend Frank Auerbach is to be distributed to galleries across the UK in lieu of around £16m in inheritance tax, it has been announced.
The 40 paintings and drawings were offered to the nation after Freud’s death in 2011, representing the largest ever single agreement under the acceptance in lieu (AIL) scheme.
On Monday Arts Council England, which administers the scheme, announced that every part of the UK would benefit, with galleries in cities including Belfast, Aberdeen, Cardiff and Newcastle all set to be get Auerbachs.