Small Business Technology Investment Boost

Invest in SEO and reduce your Taxable income for 2022/23

On 29 March 2022, as part of the 2022–23 Budget, the then Government announced it will support small businesses (with aggregated annual turnover of less than $50 million) with the ability to deduct an additional 20 per cent of the cost incurred on business expenses and depreciating assets that support their digital adoption. 

An annual $100,000 cap on expenditure will apply to each qualifying income year. Businesses can continue to deduct expenditure over $100,000 under existing law.

The extra 20% deduction on digital spend applies to expenditure incurred from 7.30PM AEST on 29/03/2022 until 30/06/2023.

How can I help you with this boost?

I offer Web Design & SEO as well as prepaid Web Support. To have a chat about how I can help, please get in touch.


Ben Dudek

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