Are you eligible for the government’s new tax incentive for your new website?

/
/
Are you eligible for the government’s new tax incentive for your new website?

Tax Benefits Proposed for Web Design

Are you one of the 3.6 million Australian business owners eligible to access the government’s $1 billion Technology Investment Boost?

On Tuesday night, Treasurer, Josh Frydenberg, handed down the federal government’s 2022-23 budget, which includes a plan to support businesses to go digital.

As detailed on the Budget website, small businesses that spend on new technologies like web design, will be able to claim 120% of the costs as deductions.

“From tonight, every hundred dollars these small businesses spend on digital technologies like cloud computing, e-invoicing, cybersecurity and web design will see them get a $120 tax deduction,” Frydenberg said.

To be considered a small business, you have to have an annual turnover of less than $50 million.

The news will no doubt see a boost in businesses taking advantage of this stimulus, and we want to ensure you don’t miss out.

Become a part of this digital revolution, by contacting Web Adelaide today. We will ensure you can benefit from this government incentive.

There’s no better time to invest in your business’ digital strategy. Contact us now by ringing 1300 429 530 or email us at hello@webadelaide.com.au.

Let's Get in Touch

Disclaimer

Web Adelaide is providing this information based on the Australian Governments Federal Budget release dated Tuesday the 29th of March 2022.

We advise that you check with appropriate professional services providers to confirm you are applicable in qualifying for this proposed Government incentive program.

Wed Adelaide takes no responsibility to amendments made by the Australian Government throughout the lifecycle of this proposed incentive program.

Latest Articles
Request a Free Quote