As we are this year faced with the advent of the impact of the Corona virus, many businesses – particularly SMEs – are focussed on surviving, knowing they'll have tax losses (In fact, tax loss utilisation will be an enduring topic of interest because of COVID-19).
Welcome to Lowensteins
Lowensteins are specialist accountants for the visual arts and other creative areas.
Please feel free to view this video that explains in detail the new direction of Lowensteins.
When Yvette Coppersmith was fifteen she visited her first Archibald Prize exhibition. “I looked at them all,” she comments “and remember standing there wondering how the artists painted them”.
Taxation treatment of the arts is one of the many issues that have been neglected by governments of all persuasions over the last eighteen to twenty years. Now it is time to start a serious conversation about tax reform for the arts.
As you all may be aware, over the last twenty-five years Lowensteins has been very active in attempting to lobby government for changes and improvements to artists’ conditions.