WALSH BAY SCULPTURE WALK /DISPLAY IS BACK
The Walsh Bay Sculpture Walk 2020 being installed along the Walsh Bay Wharves and Precinct.
There are substantial EOFY Savings to be made on Sculpture Purchases made before June 30, 2020
There is an ideal time to purchase fine sculpture with an incredible opportunity to save via the Government’s Instant Asset Write off.
The Government is backing businesses to invest to help the economy withstand and recover from the economic impact of Coronavirus. The two business investment measures in this package are designed to assist Australian businesses and economic growth in the short-term and encourage a stronger economic recovery following the Coronavirus outbreak.
In summary, The Government is increasing the instant asset write-off (IAWO) threshold from $30,000 to $150,000 and expanding access to include all businesses with an aggregated annual turnover of less than $500 million (up from $50 million) until 30 June 2020.
This means that Artwork purchases for the office are immediately deductible (subject to your personal criteria meeting the government guidelines).
NOW is the time to Support Australian Sculptors whilst making a considerable saving on artwork to enhance the quality of your own immediate surroundings.
Consider the Walsh Bay Sculpture Walk 2020
Artworks can be purchased and delivered before the 30th June and Invoiced in accordance with the government guidelines in order to qualify for the incentive.
*Please verify your own circumstances and eligibility with qualified taxation professionals
Your support of practising Australian artisans and the Australian arts community is greatly appreciated!