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Boomerang Art - Aboriginal Art Gallery
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Get your $20,000 instant asset write-off

2 June 2017
If you buy an asset before 1 July 2017 and it costs less than $20,000, you can immediately deduct the business portion in your 2017 tax return.
You are eligible to claim a deduction for the business portion of each asset (new or second hand) costing less than $20,000 if:
you have a turnover less than $10 million (this has increased from $2 million), and
the asset was first used or installed ready for use in the 2016-17 income year.
Assets that cost $20,000 or more can't be immediately deducted. They will continue to be deducted over time using a small business asset pool. You write-off the balance of this pool if the balance (before applying any other depreciation deduction) is less than $20,000 at the end of an income year.
In the Budget 2017, the government announced an extension of the $20,000 instant asset write-off threshold to 30 June 2018. This extension still needs to be passed in parliament – the threshold currently reduces to $1,000 from 1 July 2017.
https://www.ato.gov.au/Newsroom/smallbusiness/Lodging-and-paying/Get-your-$20,000-instant-asset-write-off/?sbnews20170614 
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Jeanie Napangardi Lewis has been busy painting stories about a place to the west of Yuendumu in Central Australia. Her paintings arrived recently together with paintings by other Yuendumu artists. Visit Boomerang Art Gallery https://www.boomerangart.com.au/ open 7 days between 10 a.m. and 4 p.m. for viewing.
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Just finished with the paintings... still wet!
Janet Long Nakamarra with Elena after she finished two of her signatory stories - Wet Season (blue) and Dry Season (red).
The story of the paintings is about the journey of the Pee-Wee (black and white bird) with lines representing the path taken during the creation of the story where women sit and collect seeds from the spinifex. Those seeds have been placed into wooden carrier bowls and taken home. Then women would grind the seeds on grinding stones and make some damper cakes.
Those two paintings are on quality linen and stretched ready to hang. Normally priced AUD1,250 each we can offer them for a discounted price of AUD990 each. If you are interested please ensure you call first to ensure the paintings have not been sold in the meantime.

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Lindsay Bird Mpetyane's paintings available at Boomerang Art. https://www.boomerangart.com.au/
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5/29/17
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Quick visit from Liz and Paul Bong

#aboriginalartists
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Boomerang Art attends Desert Mob 2016
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08/09/2016
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Just delivered a #GloriaPetyarre in Tallai. Nice to see an #Australian #Original #aboriginalart in a #GoldCoast home.
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