Claim Immediate Deductions on Collectible Design Before 30 June

As the end of the financial year approaches, collectors, business owners and design lovers are reviewing tax positions, investment strategies and where to place capital in an inflation-driven market.

For eligible Australian businesses, this moment can also be an opportunity to refresh commercial spaces with rare, timeless design while potentially unlocking immediate tax benefits.

What may apply to your business

• Businesses with turnover under $10 million may be eligible to claim a 100% immediate deduction for each eligible asset under $20,000, provided the item is installed and ready for use before 30 June 2026.

• Eligible items can include certain collectible furniture, lighting and artworks used within a business environment.

• Depending on your structure, some assets may instead be depreciated over time rather than claimed immediately.

Talk to your adviser

• Tax outcomes depend on individual circumstances and business structure.

• We strongly recommend speaking with your accountant or financial adviser well before 30 June to confirm eligibility and the best approach for your situation.

Why collectible design can be a smart EOFY move

• Tangible value: Collectible vintage and European design pieces often retain or grow value due to scarcity, provenance and international demand.

• Inflation hedge: Physical assets can preserve purchasing power in ways cash may not during inflationary periods.

• Sustainability: Buying vintage extends the life of high‑quality objects and reduces waste from new production.

• Aesthetic + function: Elevate client-facing spaces — offices, studios and showrooms — with pieces that communicate taste and heritage.

How Lumini Collections can help

• Sourcing: We continue to source rare, investment-grade European furniture, lighting and objects with strong provenance and collectibility.

• Private viewings: Arrange curated selections or private appointments to view pieces before EOFY.

• Consignment: We offer a selective consignment service. If you own furniture, lighting or design objects you believe hold value and are considering selling, contact us to discuss opportunities.

Next steps

• Review potential purchases with your accountant, read the ATO dedicated page

• Contact Lumini Collections for tailored sourcing, private viewings or to discuss consignments.

• Act before 30 June to take advantage of current rules where applicable.