thumbnail

Instant Artwork Write-Off

As we come to the end of the financial year have you thought about purchasing art for your business? Instant Artwork Write-Off gives a small business the ability to purchase an artwork and deduct the entire amount on their tax return.

New artworks which are displayed in your business areas for viewing, for example in reception areas, waiting rooms, foyers etc can be a 100% tax write-off for all businesses that have a total turnover of less than $5 billion.

In summary, the artwork purchased must be tangible, movable, purchased to display in the business premises and not be trading stock. Do not hesitate to contact us to help source the perfect piece of art for your business before the end of June 2021.

If you are in Noosa you’ll find us at 6/32 Hastings Street Noosa Heads. Check out THE G PROJECT 21 for daily opening times.
+ read more