Claim a 20% bonus deduction on technology expenditure to help digitise your small business..

09-Jul-2023

There is potentially a wide range of things that could qualify. What can or can’t qualify?  For eligible expenditure to qualify, you need to ask the question - Does this expenditure relate to your business digital operations, or digitising your business or business operations?

IMPORTANT!! - you will need to have keep documentation of the expense!

Eligible expenditure may include, but is not limited to:

  • Digital enabling items like computer and telecommunications hardware, software, internet costs, and systems.

  • Digital media and marketing, such as audio and visual content accessible on digital devices and web page design.

  • E-commerce-related expenses like digital inventory management, portable payment devices, and subscriptions to cloud-based services.

  • Cybersecurity systems, backup management, and monitoring services.