This opportunity will officially wrap up on 30 June 2025 - Planning / benefits of Fine Art Investments Before EOFY.

As the end of the financial year approaches, now is the perfect time to consider investing in artwork that not only enhances your business space but also provides potential tax benefits. Under certain conditions, purchasing artwork can qualify as a tax deduction, making it an excellent opportunity for art lovers who wish to add character and originality to their office space.

When you buy artwork for business purposes, it can be classified as a deductible expense. This means that if you acquire pieces to display in your office or workspace, you might be able to write off the cost against your taxable income. This not only helps to beautify your environment but also can lead to significant savings come tax time.

To take advantage of this opportunity, consider the following tips:

1. View our Online Gallery

2. Book a visit to Gallery 11:11.

You may wish to visit the current exhibition or select a specific artist from our online gallery for a private viewing of their work.

3. Consult a Tax Professional: Speak to a tax advisor who can provide guidance on the specific deductions available to you and ensure that you comply with all relevant tax laws.

4. Documentation: Keep detailed records of your purchases, including receipts and any appraisals, to substantiate your deductions.

As you plan your end-of-year purchases, consider the dual benefits of acquiring beautiful artwork while potentially enjoying tax deductions. Don't miss out on this opportunity to invest in your space.

Hope to see you soon.

Melony Smirniotis

Gallery Director / Artist