Can I claim software, apps, and digital subscriptions in Australia?

Yes, the cost of software and apps used to run your business is deductible. This includes: - Accounting software (Xero, QuickBooks, AnyTax). - Industry-specific tools (Adobe Creative Cloud, Canva, Microsoft 365). - Project management apps (Trello, Asana, Slack). - Cloud storage (Google Drive, Dropbox). If you pay a monthly or annual subscription, you claim the full cost in the year you pay it. If you buy software outright for more than $300, it is technically an asset that should be depreciated, although most software today is subscription-based (SaaS).

• SaaS subscriptions are 100% deductible
• Includes accounting, design, and productivity tools
• Apportion for any personal use (e.g. cloud storage)
• Keep digital tax invoices/receipts
• Prepaying for a year can be a good June 30 strategy