The various costs that are incurred when you set up and run a website for your business can be claimed as expenses (e.g., hosting costs and domain name costs).
Various costs that can be expensed relating your business website:
- Costs associated with designing and building your website - this could be a template you used or perhaps the fees charged by a professional web designer.
- Your domain name - any costs associated with obtaining your web address as well as the ongoing registration of it.
- Hosting costs - costs associated with keeping your website online.
- Additional software used to operate your website - maybe you use some plugins or tools that you subscribe to which help run your website.
- Platform fees - services such as Squarespace or Wix keep things simple and tend to include all the costs (detailed above) associated with running a small biz website, in a single monthly/annual fee.