Client Area

Small Business Technology Investment Boost- Top 10 expenses to claim

Strategic Wealth Management | 27 Sep 2023

Based on the eligible expenses criteria for the Small Business Technology Investment Boost program, here are the 10 most common expenses that small companies in Australia may claim:

  1. Computer Hardware: Investments in laptops, desktops, and servers necessary for business operations.
  2. Software Solutions: Purchase or upgrade of business software like accounting, payroll, and customer relationship management (CRM) systems.
  3. Website Development: Costs associated with enhancing a business website or adding new functionalities to it.
  4. Communication Devices: Costs of necessary communication equipment like phones and video conferencing tools that are used entirely for business purposes.
  5. Office Equipment: Expenses incurred on office devices like printers, scanners, and photocopiers used for business operations.
  6. Security Systems: Investments in cybersecurity software or other technologies to protect business data and information.
  7. Server Upgrade: Costs related to upgrading the business server to improve its performance or expand its capacity.
  8. Cloud Services: Subscription or setup costs for cloud storage or other cloud-based services for business data and systems.
  9. POS Systems: Expenses incurred for the purchase or upgrade of POS systems, like cash registers or card readers.
  10. Technology Upgrades: Costs for upgrading existing technology infrastructure, including hardware and software, to enhance business operations.

If you have any questions about how to claim the technology boost for your company, call us on 02 9580 3353

Related Post

member-img
Posted by Strategic Wealth Management 04 Dec 2023

Make life easier with AI

AI (Artificial intelligence) has been both a huge disrupter and enabler for businesses of all shapes and sizes. (AI) is no longer just a pipe dream of science-fiction. It has …

Read More… from Make life easier with AI

Read More
member-img
Posted by Strategic Wealth Management 07 Nov 2023

Multifactor Authentication (MFA) email Scam

We’re seeing an increase in reports about an email scam impersonating the ATO. Scammers are emailing clients advising them that due to ATO security updates, they are required to update …

Read More… from Multifactor Authentication (MFA) email Scam

Read More

Contact Us

Our office is located in Hurstville. Parking is available under our building. We are a short 750m walk from Hurstville train station.

Postal address: PO Box 497 Hurstville BC, NSW 1481