Wordpress is used by businesses of all shapes and sizes to power their website and reach their customers. Paying for your website hosting requires a yearly investment, though if you’re not sure where you stand when it comes to claiming Wordpress hosting on your tax return, read on.
Can I claim?
Companies such as Bluehost or Godaddy charge an annual fee to host your website for you and provide a number of similar services. The good news is that you’re entitled to full relief on the cost of this hosting each year.
Similarly, if you have your own dedicated, in house server to host your website, the full costs of this can be classed as legitimate business expenditure and declared on your tax return.
The only time you can’t claim Wordpress hosting on your taxes is if you offer this as a service which your clients pay for.
Web design companies for example, often charge their clients to arrange and manage their website hosting, but they can’t then claim the cost of that hosting as their own expenditure.
Head to your self-employed expenses dashboard and select the "Advertising" group. There you’ll find a category for "Website". Simply add in the figures and we’ll calculate the return for you.
What other website expenses can I declare on my tax return?
You are entitled to full relief on any costs associated with the design, development and maintenance of your website. Pay an external web design company to build and manage your site? You can declare it. Likewise if you pay for online advertising, content, eCommerce solutions or anything else.
Including Wordpress website hosting as a business expense on your tax return is easy with SimpleTax, your hassle free solution to filing your taxes and saving money in the process.
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