I have known about this for several months but due to the time lag with publishing I am only beginning to see this in print. The above statement is an extract from Art Monthly Magazine Artnotes. More information can be obtained from the Australian Tax Office or your accountant.
We should be shouting this from the rooftops. So if you have a business and like my art work I have an ABN and you can view my works on my website or visit Anita Traverso Gallery in Melbourne