Fine Art Prints for the Office
Fine Art prints for the office by landscape photographer Michael Waterhouse
Did you know that art is 100% tax deductible for small business and home offices?
It could be time to refresh and breathe new life into your work-space with Michael Waterhouse Fine Art prints!
The Australian Taxation Office views artworks as investments and depreciating assets. Under the Instant Asset Write-off scheme, purchasing art for your workspace is 100% tax deductible. There is no limit on the number of artworks costing less than $150,000 that can be claimed for tax deduction.
Small to medium-sized businesses with a turnover below $500 million can benefit from the Instant Asset Write-off scheme. Artwork purchased for business premises
qualifies for a tax deduction:
1.It should be a tangible item. 2.The artwork should be primarily purchased for your business premises. 3.The artwork should be movable. 4.Visit ato.gov.au for eligibility details:
Visit ato.gov.au for eligibility details:
