Friday, June 29, 2018


There is still time before June 30 to complete your small business projects before the next financial. But to get the deduction you will need to get your skates on...

Since July 2015 the tax laws changed regarding small business and the ability to claim instant tax deductions for each capital item purchased up to $20,000. This has been extended until 30 June 2018.

Expenditure incurred in acquiring or developing a commercial website for a new or existing business is classed as capital expenditure, so this means is there is still time to upgrade your digital toolset and claim it back in July.

Website capital costs
Capital expenses will generally be deductible by instalments over more than one tax year (i.e. as depreciation).  The amount claimable in each year will depend on the nature of the cost, and when it is incurred.

Broadly, there are three possible types of capital expense; 
  • website setup costs incurred before a business starts
  • inhouse web development costs
  • other capital cost
So, don’t sit back and wait! Get in touch with your accountant to confirm if your project is eligible and talk to your web developer to finish projects that you can get an instant depreciation on.
More information? 
If you are a small business you can see the  $20,000 threshold for accelerated small business depreciation claims (extended to 30 June 2018) and ATO Depreciation.

Talk to us.

At Adloyalty, we design and develop dynamic websites that deliver the best online experience for your  customers.

Utilising bespoke, fit for purpose designs, we help increase your brand presence online and above! We can design websites for desktops, mobile and tablet, ensuring your business is accessible anywhere, anytime. We do it all, from writing the plan, right through to execution and reporting.

We can even blog on your behalf, or assist you with the written word. We can do as little or as much as you like.

Call Danni today on 0438 963 664 or email to find out more.