The ATO has released a public taxation ruling covering the ATO\u2019s views on the deductibility of expenditure incurred in acquiring, developing, maintaining or modifying a website for use in the carrying on of a business.<\/p>\n
Importantly, if the expenditure is incurred in maintaining<\/strong> a website, it would be considered ‘revenue’ in nature, and therefore generally deductible upfront.<\/p>\n This would be the case where the expenditure relates to the preservation of the website, and does not:<\/p>\n However, if the expenditure is incurred in acquiring or developing a commercial website for a new or existing business, or even in modifying an existing website, it would generally be considered capital in nature (in which case an outright deduction cannot be claimed).<\/p>\n Please contact us if you want any guidance about the ATO’s latest views on this important issue.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":" The ATO has released a public taxation ruling covering the ATO\u2019s views on the deductibility of expenditure incurred in acquiring, developing, maintaining or modifying a website for use in the carrying on of a business. Importantly, if the expenditure is incurred in maintaining a website, it would be considered ‘revenue’ in nature, and therefore generally…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13968","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\n\n