The ATO has released its ruling on the tax treatment of expenses incurred by a business for commercial websites - the ruling takes a very different approach to previous guidance in this area.
Knowledge Shop members, you can download this white paper (and watch Mike's presentation) here.
This whitepaper explores:
- The ATO’s views on whether website expenditure is capital or revenue in nature,
- How to deal with costs relating to domain names and copyright, as well as
- Costs relating to establishing or promoting a social media presence.
We also explore whether the blackhole deduction rules or CGT provisions could apply to website costs.
Accountants workpapers, technical help desk, quarterly PD, client newsletter, and so much more - Knowledge Shop membership gives your team the resources they need when they need them.
The quickest way to work out if Knowledge Shop membership is right for your firm is to have a look. In around 15 minutes you can see what Knowledge Shop members see.