Get 20% Extra Tax Deduction
On Tech Expenses
Get 20% extra tax deduction on tech expenses with the Small Business Investment Technology Boost
You can claim extra 20% on expenses that support digital operations and digitising operations, such as:
- Digital Enabling Items – e.g. cost to set up a digital payment system, any subscriptions that help digitisation etc
- Digital Media and Marketing – Audio and Visual content that can be created, accessed, stored or viewed on digital devices
- E-commerce – Supporting digitally ordered or platform-enabled online transactions.
The concept here is that you can claim an additional 20% as a tax deduction. For example, if you have spent $100,000 (which is currently the limit), you will be able to claim a deduction on $120,000, allowing you to claim 20% on the increased amount of $120,000.
If you’re keen to explore changing accountants, we have a non-obligation process to do that. The first step is booking a strategy call with one of our accounting team. It’s a free 20-minute zoom or phone call where you get to meet us to manage your questions.
From that point, you can consider doing a “Look Under The Hood” with us. There is no obligation to change accountants, but we give you a second opinion if you’re paying too much tax.
Throughout that process, we can identify any problems we see with your current setup. Anything that your current accountant hasn’t claimed, or tax you may have overpaid, and strategies of how we might fix that going forward. We can run through with you once you book with us.
Get Cashed Up
