Art as a Tax Deduction

Art as a Tax Deduction

Claim an immediate deduction for artworks purchased for business purposes before 30 June 2023.

The government’s temporary full expensing (TFE) was introduced in 2020 during the pandemic to stimulate business investment.

To take advantage of the opportunity to purchase art and deduct the entire amount on your tax return artworks must be purchased and installed by 30 June 2023.

For all enquires please email or phone 07 3254 2297.

To view the Gallery's Stockroom please click here.

*Please consult your accountant or tax advisor about the suitability of this initiative to your business.

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