59% of small businesses lag behind by not having a website. How many websites are not functioning correctly for the business?
Websites Just Got 20% Cheaper
Would you like a $120 tax deduction for every $100 you spend on digital technologies, including your website?
Imagine you are standing at a crossroad outside two physical shops.
The first shop has its door open; lights are on, and the smell of freshly brewed coffee comes wafting through the door filling the air with amazing aromas.
At the second shop, the door is firmly closed, the curtains are drawn, it is dark and lifeless.
You have no idea about the shop’s pricing, product selection or customer service of the shop you have chosen. You would make a judgement call based on the smell of the coffee and the alluring lights.
Can Your Customers See You?
Would a small sign on the main street be enough to entice your potential visitors down the lane to your shop?
Today customers go online and do a digital search before ever coming anywhere near your signage or shopfront.
Is your website letting you down?
Or are you one of the 59% of small businesses that still don’t have a website?
You would never do business with one arm tied behind your back, so why are you making doing business with your business harder than it needs to be?
If your website is not bringing in qualified customers day after day, then you need to get a professional web design expert to look at it for you.
So how can you get $120 tax deduction for your $100 spent on your website?
If you are a small business in Australia, you can.
The Technology Investment Boost – 20% Cheaper Websites
“Every hundred dollars these small businesses spend on digital technologies like web design will see them get a $120 tax deduction.
The additional technology deduction applies to business expenses and depreciating assets that support their digital adoption”, this is straight from Treasurer Josh Frydenberg.
What better time to upgrade your website or get a new one than now, when you can get an extra 20% bonus tax deduction on your web design and digital services. 3.6 million small businesses in Australia are eligible but seek advice from your tax advisor on your personal circumstances.
Your website should be an asset for your business, and the importance of this has been recognised with the Technology Investment Boost.
A unique website will build your online presence and showcase your business to ensure you are connecting with your ideal customers and getting the best value for your marketing dollars.
Does your website stand out from the crowd and get your potential customer’s attention?
If not, what are you waiting for?
Website Designs that Work for Your Business.
Let’s chat and help you create the business that you have always dreamt of.
“Small businesses, with aggregated annual turnover less than $50 million, will be able to deduct a bonus 20 per cent of the cost of business expenses and depreciating assets that support digital uptake, up to $100,000 of expenditure per year. The Technology Investment Boost will apply to eligible expenditure incurred between 7:30pm (AEDT) on 29 March 2022 (Budget night) and 30 June 2023. It will support investment in digital items such as cloud computing, cyber security, accounting and e-invoicing software and web page design.” See the budget document for full details
What can’t I claim?
“The budget documents state the 20% tax deduction for digital skills training applies to external courses for employees.
This means business spending on in-house training is excluded.
It also suggests that sole traders, who upgrade their own digital skills via external training, won’t be eligible for the bonus 20% tax deduction.”
According to Smartcompany.com.au
Contact Cathy Smith at CATCO Enterprises to discuss your new website.