End of financial year has rolled around once again and all anyone can think about is getting their hands on that tax return. The annual refund we all look forward to mid-year provides us with much needed funds for everyday expenses, but it also gives us the opportunity to spoil ourselves.
If you’ve always wanted to treat yourself to a special piece of original art, but you haven’t had the excess funds to do so before, tax time is the best excuse. Better still, fine art can also be tax deductible for businesses which means you might get more money back for your tax return next year.
Where to find fine art
Auction houses and galleries are a great place to start your search for the perfect piece of art. The internet is also a very handy resource to utilise. Be mindful though that not all online art stores are based in your home country and you might need to cover the cost of shipping and delivering your art.
If you’re unsure where to start the search or if you’re after something specific, ask around for recommendations. Speak to friends and family as well as local galleries or information centres who will be able to point you in the direction of local art houses and artists.
How to transport fine art
Fine art is very delicate and needs to be handled with care to ensure its preservation and to prevent any damage. From using the best suited packing materials, to specially made art crates and secure transportation, there’s a lot to consider when moving fine art around.
Whether you’re importing the art from overseas or the art you purchased is simply too large, bulky or fragile to transport in your car from the gallery home, it pays to hire a professional art removalist.
Storing fine art
Once your fine art has arrived, you’ll want to take extra measures to ensure it is preserved in its best condition. There are a number of variables that put your fine art at risk of damage. These range from exposure to ultraviolet light to the temperature and humidity of the room.
There are a number of steps you can take to ensure your art and antiques are protected for the long term. Read more on how to store your fine art in our helpful blog.
Grace Fine Art are experts at storing and transporting art both domestically and internationally. We’ll pick up and transport your fine art to your home and install it for you. For more information on how we can help you spend your tax return on fine art, get in touch with us.