Art Collecting Opportunity

Opportunity Knocks for Art Collectors

As the end of the financial year (EOFY) approaches, this is an opportune moment to acquire significant works of art and maximise your tax efficiency.

It’s a trifecta: Buying art before EOFY allows small businesses to reduce tax, invest in long-term assets, and support artists — all in one go!

For eligible small businesses, acquisitions may be claimed under the ATO’s instant asset write-off provisions, enabling the cost of artwork to be deducted in the current financial year rather than depreciated over time.

We encourage you not to leave decisions to the last moment — take the time to consider the work carefully and make acquisitions that will endure well beyond the financial year. Beyond the immediate financial advantage, acquiring work now allows you to:

• Secure important pieces while they are available
• Continue to build a considered and coherent collection
• Invest in artists whose practices are gaining momentum
• Directly support the sustainability of the contemporary art sector in WA.

Art remains one of the few acquisitions that operates simultaneously as a cultural investment, a personal legacy, and a business asset.

Grow or start your art collection today.

Check out our Stockroom of available works by our eminent artists and visit our exhibitions.