The tax de­ductibil­ity of the costs of a com­mer­cial web­site

The In­ter­net is a cor­ner­stone of our daily life th­ese days. In­deed, many busi­nesses are so de­pen­dent on their ‘on­line’ pres­ence that they couldn’t sur­vive with­out it writes

Business First - - WEB -

Busi­nesses use the In­ter­net in dif­fer­ent ways. Some busi­nesses use their web­site just for pro­mo­tions and mar­ket­ing, oth­ers to pro­vide lo­ca­tion and con­tact de­tails. In­creas­ingly, busi­nesses re­quire e-com­merce ca­pa­bil­i­ties as they gen­er­ate large amounts of rev­enue through on­line sales.

De­pend­ing on whether a com­plex or ba­sic web pres­ence is needed by a busi­ness, the costs in­volved in cre­at­ing, run­ning and main­tain­ing a web­site can vary greatly. There­fore es­ti­mat­ing the financial de­mands of web­site de­vel­op­ment and main­te­nance — and the re­sult­ing tax con­se­quences — can be far from straight­for­ward.

So, if you’re start­ing out a busi­ness and cre­at­ing a web­site from scratch or if you’re run­ning an es­tab­lished busi­ness but need to up­grade your web­site to take ad­van­tage of e-com­merce ca­pa­bil­i­ties or to bring the look of the site into line with cur­rent web de­sign trends, you can add tax to the long list of things to think about!

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