Tuesday, June 23, 2015

TWO REASONS TO BUY CONTEMPORARY ART IN 2015


Stevie Fieldsend, Suspended run-off, 2015, cast iron, beetroot, henna, black dye, blood, fringe curtain, 150 x 30 x 8cm, $1800 each


Whether you’ve had your eye on a contemporary artwork for a while or are interested in building a collection, external factors indicate that 2015 is the year to take the plunge. With the introduction of Art Money across NSW together with recent budget amendments for small business, there has never been a better time to update your home or workplace environment with a contemporary artwork.

Following the recent budget announcements, small businesses will now receive an immediate tax deduction for any assets purchased that cost less than $20,000, a limit which applies to a single item. 

In light of this, why not consider purchasing a contemporary artwork, which not only nurtures the careers of living, practicing contemporary Australian artists, but also provides an opportunity to inject a burst of vibrancy into your workplace. For further information on this budget development, please be sure to seek individual and tailored tax counsel to ensure the tax deduction applies to your business.

Artereal Gallery is thrilled to be able to offer Art Money, interest free loans for artworks priced between $750 and $20,000. After paying a 10% deposit, you can take your artwork home and pay the remaining balance over 9 months interest free.

For more information about applying for an Art Money loan visit www.artmoney.com.au or contact the gallery.

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