Marketing

Announcement: Government Small Business Boost - Claim a 120% tax rebate on digital services!

How would you like to claim back 120% on your Google Ads and service fees or website? The government has announced a deduction of 20 per cent of the cost incurred on business expenses and depreciating assets that support their digital adoption

Have you wanted to amp up your online presence but haven't had the budget for it? Well, the Australian Government is offering a pretty tempting rebate for any business earning below $50m a 120% rebate on technology. 

Small Business Technology Investment Boost

Small businesses (with an aggregated annual turnover of less than $50 million) will be able to deduct an additional 20 per cent of the cost incurred on business expenses and depreciating assets that support their digital adoption, such as portable payment devices, cyber security systems or subscriptions to cloud-based services...

Businesses may continue to deduct expenditure that is ineligible for the bonus deduction under the existing tax law. We will provide further details on eligible expenses once the law has passed.

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

What you can claim back


Digital Marketing Products & Services such as:

AiiMS is a full-service digital production and marketing agency that assists in the online presence and growth of SMEs. If what you're after is not on the list reach out to see if you're eligible! info@aiims.com.au or 1300 397 603

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