News

Claim a 100% tax deduction on GapMaps

on June 7, 2018

We’ve got some great news. This tax time, you could be eligible for a 100% tax deduction on your GapMaps licence fee.

Are you a small business?

If your turnover is less than $10m, pay your GapMaps licence before June 30 to receive an instant full tax deduction.

Turnover over $10m?

Your business can still benefit. Deductions for GapMaps fees relate to the period that the fees cover, as well as any prepayments that need to be deducted in the years they relate to. For example, if your GapMaps invoice is from 1 April 2017 to 31 March 2018, you could claim 3/12 of the deduction in FY17 and the remaining 9/12 in FY18.

We’d encourage you to get independent advice on this deduction. You can also refer to the following for more details:

If you have any questions, please don’t hesitate to get in touch with your Business Development Manager or email info@gapmaps.com.