Small Business Technology Investment Boost

Businesses will be able to claim 120% of their cloud technology costs as a tax deduction from 29 March 2022 to 30 June 2023. 

The ATO has a tax incentive for businesses incurring eligible expenditure on business technology/moving to the cloud in that they can claim 120% of their costs as a tax deduction. And eligible expenditure would include any conversion and ongoing Resly subscription costs from 29 March 2022 to 30 June 2023. 

You can find more details about the incentives available on the ATO website here.