100% Tax Deduction on Art For Small Businesses For June 2018
Take advantage of a 100% tax deduction on the purchase of artworks for your business. Immediately available, is a 100% tax deduction allowance for small businesses with a turnover of less than 10 million to spend up to $20,000 (per item) on art purchases for your business.
If you have a small business, this is a great opportunity to add a touch of beauty with one of our artworks to your workspace. Our collection of Limited Edition Artworks is inspired by the Australian bush and is available in 3 sizes to meet your needs.
More info here: https://www.ato.gov.au/Media-centre/Media-releases/ATO-issues-advice-on-$20,000-immediate-asset-deductibility-for-small-business/