Art

Art can form part of an investment portfolio. The art market is split into two main areas.

  • Contemporary or primary market
  • Secondary market normally dealing in the work of artists who have died.

Studio 61 Wealth Management only provides advice on the contemporary art market. Investors should look to Sotheby’s and Christie’s for access to the secondary market.


Studio 61 Wealth Management specialises in UK contemporary art, but can provide an opinion for investors based anywhere in the world.

In the UK certain types of businesses can get tax advantages by buying art. Studio 61 Wealth Management can provide advice on capital allowances relating to art purchases. Ann important precedent for art as plant and machinery is shown on the HMRC website here.


Art can be claimed as plant and machinery if

  • the trade involves the creation of atmosphere/ambience and in effect the sale of that ambience to its customers, and
  • the items on which plant or machinery allowances are claimed were specially chosen to create the atmosphere that the taxpayer is trying to sell.

Details of the values of capital allowances available can be found on the HMRC website here.


Studio 61 Wealth Management has a sister company providing services to art collectors and artists.


You can see the art for sale and other services at Studio 61 Art. Click on the logo to visit the website.