Small Business Technology Investment Boost

As part of the 2022-23 federal budget, the Australian Government announced that it will support small business through the Small Business Technology Investment Boost and the Small Business Skills and Training Boost.

So if you’re a small business, with an aggregated annual turnover of less than $50 million, then it’s never been a better time to go digital.

The Technology Investment Boost allows small businesses to claim a bonus 20 percent deduction for the cost of business expenses and depreciating assets that support digital adoption. This includes portable payment devices, cyber security systems or subscriptions to cloud based services.

We’re not going to lie, this kind of government support has us in sweatbands singing in our best Oliva Newton-John voices… ‘Let’s get digital, digital. I wanna get digital. Let’s get into digital’.
Now we have got that out of our system, let’s talk about what this could mean for your business systems.

Cloud based services
If the last few years have shown us anything, it’s that anything can happen!
With an ever changing and evolving business landscape, many Australian businesses are now turning to cloud computing to drive new growth in their business. Not only does it better enable working remotely, it also ensures the continuity of business activity in any extreme situation.
Xenex can support your business to transition to a smarter and more sustainable way of working. By investing in cloud based services including Amazon Web Services, Microsoft Azure, Microsoft 365 and Microsoft Sharepoint, you’ll also be ensuring a stable operating environment that supports your employees to work and access shared documents wherever they are.

Personalised audits and cybersecurity
At Xenex our IT consultants will help you plan better security for your network with a personalised audit to the required compliance framework. Receive the benefits of better security with the additional support of the government’s latest tax deductions for cybersecurity.
Through the use of the compliance frameworks, we can help your business align cybersecurity activities with its requirements, risk tolerances, and resources. This includes measuring data security, security awareness, access control, asset management, communications security, data backups, disaster recovery and much more.

Xenex hardware/software solutions
Technology Investment Boost encompasses the cost of business expenses and depreciating assets that support digital adoption.
Xenex offers flexible, customisable hardware and software solutions that can be installed and accessed across multiple computers, platforms and mobile devices.
Our access to a comprehensive network of vendors means we can build fit-for-purpose tech set-ups for start-ups and upgrades for established organisations.

Managed IT services
If you’re not sure where to start, or you just want a digital solution that will simplify your IT environment and allow you to forget about tech issues once and for all, then choose Xenex as your managed IT partner.
A managed service is a fully scalable solution, we can be responsible for all of your IT setup or just part of it – and we work with businesses of any type or size.
Our managed IT services could include:

  • IT support and 24/7 Help Desk access
  • Backup management
  • Infrastructure maintenance
  • Cybersecurity and business continuity
  • Data recovery
  • Hardware and software supply
  • Cloud hosting
  • Phone systems
  • Mobile device integration
  • 24/7 Monitoring and proactive maintenance
  • Internet & NBN connection

Xenex specialises in selecting solutions that match the unique needs of your organisation. We take the time to understand your business and can manage all aspects of your IT needs, or just the parts you want us to.

For more information about cyber security, cloud based services or any of our managed IT solutions, contact us today.

Free Audit Enquiry