05/06/2026
As 30 June approaches, now is the ideal time for Australian businesses to invest in art.
If your business has an annual turnover of less than $10 million, eligible original and editioned artworks purchased and installed in your business premises before 30 June 2026 may qualify for the Federal Government’s Instant Asset Write-Off scheme.
This means artworks valued under $20,000 (excluding GST for GST-registered businesses) may be eligible for an immediate deduction.
Beyond the potential tax advantages, we know that art can transform any workspace, creating an inspiring environment for staff and leaving a lasting impression on clients.
If your business would like to consider an artwork that is right for your space, we invite you to explore our current collection or chat with one of our expert art consultants who can help tailor our selection for your needs before the end of the financial year.
Please always seek tax advice for your eligibility from your accountant.