home expenses

15 Oct, 20

Work from home expense deduction extended till the end of the year

It was a temporary method that was introduced to reduce the tax by up to 80% for those who are working from home. But now this method has been extended till 31 December 2020. This method was introduced in March but it has been further extended because a lot of workers are still working from […]

17 Jun, 20

Home office expenses

Source: https://www.ato.gov.au/ If you’re an employee who works from home, you may be able to claim a deduction for expenses you incur relating to that work. These can be additional running expenses such as electricity, the decline in value of equipment or furniture and phone and internet expenses. If your home is your principal place […]

17 Jun, 20

Tax tips: How the coronavirus can help you get a larger refund

Source: https://thenewdaily.com.au/ The coronavirus pandemic has shifted the way we conduct our personal finances, and with June creeping up, tax time is no exception. Strict social distancing measures have forced millions of Australians to work from home for the first time, throwing up a raft of new deductions. Mozo.com.au consumer advocate Tom Godfrey told The New […]

20 Apr, 20

ATO tax return: Tax Office reveals new working from home expenses rules

Source : https://www.news.com.au/ The tax office has announced special arrangements this year – and it affects everyone working from home due to the coronavirus crisis. The Australian Taxation Office has made a major change this year as a result of the ongoing COVID-19 pandemic. With countless Australians now working form home in a bid to […]

Work from home expense deduction extended till the end of the year

Home office expenses

Tax tips: How the coronavirus can help you get a larger refund

ATO tax return: Tax Office reveals new working from home expenses rules

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