We are nearly at the end of another financial year. Whilst we are not accountants, we thought it would be timely to provide some general advice to take advantage of the tax deductions available to invest in your business to purchase computer products and services before 30 June.
You can claim tax educations for purchases over a range of products and services, and our computer solutions are no exception. So much so, our demand for our services has increased dramatically over “tax time”.
Our first tip, directly from our own accountant, is that if you are looking to purchase a piece of equipment, such as a computer, server or multifunction device, that you can depreciate assets if they cost less than $6,500 if your business has a turnover of less than $2 million?
Our second tip, if you operate a home office is to purchase additional hardware, software and consumable supplies (eg. printer ink and blank discs) to deduct them from your tax return. You may be considering a new hard disk to backup your files, or to enhance your security with a new security package. Our Consulting solution can help you find what you are after at a price you can afford. You can also claim up to $300 without receipts for work-related deductions.
Another suggestion is self-education expenses. We provide training as one of our solutions, so if you are looking to up-skill and enhance your knowledge and skills, why not take advantage of some training sessions to prepare you to upgrade your Windows or Office abilities?
If CyberGuru can be of assistance in any way, please feel free to contact us.