Working from home expenses – temporary shortcut method extended

Due to the continued extenuating circumstances of COVID-19 and lockdowns since 1 July, the 80 cents per hour temporary shortcut method to calculate working from home deductions has been extended to 30 June 2022.

For more details, click here: https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Home-office-expenses/Shortcut-method/#Eligibility

The existing fixed rate method (52 cents per hour) and the actual cost method are still available for home based businesses.

For more details, click here: https://www.ato.gov.au/Business/Income-and-deductions-for-business/Deductions/Deductions-for-home-based-business-expenses/?=redirected_homebasedbusiness

Of course, if you have any questions, please just contact us on 07 5449 9955.

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