Tax break on art increased to 50%

The legislation giving businesses a tax break on art purchases is now law.

The tax break has also been increased to 50% for businesses with under 2 million dollars annual turnover. The 30% incentive still remains for businesses with turnover of more than 2 million.

Any art purchase through your business from Wentworth Galleries is eligible for a tax break of up to 50%. There has never been a better time to buy art. Come in and see us or give us a call on (02) 9223 1700 for more information.

Comments

[Sydney IT support]

This is a great post with excellent posts and links.