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Technology and skills ‘boost’ deduction

Technology and skills ‘boost’ deduction

Jul 18, 2023

The 120% skills and training, and technology costs deduction for small and medium businesses have passed Parliament. We’ll show you how to take maximise your deductions. Almost a year after the 2022-23 Federal Budget announcement, the 120% tax deduction for...
120% deduction for skills training and technology costs

120% deduction for skills training and technology costs

Sep 15, 2022

The Government has reinvigorated the 120% skills training and technology costs deduction for small and medium business. An election ago, the 2022-23 Budget proposed a 120% tax deduction for expenditure by small and medium businesses on technology, or skills and...
The 120% Deduction for Skills Training and Technology Costs

The 120% Deduction for Skills Training and Technology Costs

May 27, 2022

It’s a great headline isn’t it? Spend $100 and get a $120 tax deduction. Days after the Federal Budget announcement that businesses will be able to claim a 120% deduction for expenditure on training and technology costs, we started receiving marketing emails...