If you weren't paying too much attention to the federal budget released by Treasurer Josh Frydenberg on Tuesday night, you may have missed an important nugget relating to small businesses and digital marketing:
“From tonight, every hundred dollars these small businesses spend on digital technologies like... web design will see them get a 120% tax deduction,”
This means that businesses with an annual turnover of less than $50 million (so most of us) can invest in a new website and claim 120% of the cost as a tax rebate. It's all part of the government's push for more businesses to embrace online solutions and improve their digital presence.
Why Your Business Should Take Advantage of the Tax Rebate
If you've been putting off your new business website or are yet to have one at all, now is the perfect time to take action. With the 120% tax deduction, your business can invest in a professionally designed website that not only enhances your online presence but also maximises your tax benefits.
A well-optimised website can help your business:
- Improve visibility in search engine results.
- Attract more customers through effective SEO strategies.
- Enhance credibility with a professional digital presence.
- Streamline operations with an integrated online system.
What Can You Claim Under the 120% Tax Deduction?
The government incentive covers a range of digital expenses, including:
- Website development and web design
- SEO optimisation and digital marketing services
- Cloud computing and cybersecurity solutions
- E-commerce platform setup
- Software and IT infrastructure upgrades
By taking advantage of this tax rebate, your business can stay ahead of the competition while reducing overall costs.
How To Get Started With Your New Website
Now that the tax rebate is in place, there’s never been a better time to invest in your digital presence. At Rhythm Digital, we specialise in custom website development, ensuring your site is not only visually appealing but also SEO-friendly and optimised for user experience.
Getting started is simple:
- Contact our team to discuss your website needs.
- Plan your website strategy with our experts.
- Launch a high-performing website and claim your 120% tax rebate.
Take Advantage of the Tax Rebate Today
The government's incentive is a limited-time opportunity, so don’t wait too long to act. Investing in a new website now ensures you maximise your tax deduction while strengthening your business’s digital presence.
Get in touch with us using the enquiry form below, and let's get the ball rolling on your new business website today!