Mr Taxman
Change the way you feel about taxes.
Get informed and discover what the taxman doesn't want you to know.
Sharing it with Australia, Mr Taxman is a regular Woman’s Day columist and TV finance commentator
  • click to visit Mr Taxman on Twitter
  • click to visit Mr Taxman on FaceBook
  • rss

Operating a business from home

Sep 30, 2010

Can I work from home?

Some businesses are better suited to home locations than others. Where the operator travels to the client's premises and does the desk work at the home/office, this style of operation is appropriate. Working from home can be isolating and those who work from home generally do so on their own, so they are unable to rely on outside motivation. Home-based business operators are advised to join clubs or business network groups to ensure that they keep abreast of industry issues that may affect their business.

Do I need to speak to my local council before starting business?

Before you start operating your business from home, it is advisable to check with your local council to see if there are any permits that may be required. Before signing a lease or commencing a business from home it is necessary to speak to your local council to check that the area is zoned for that type of business. In some instances, special permits or licences may be required. Also it is necessary to make sure you comply with some of the regulatory requirements, such as health issues, particularly in food preparation and distribution, and also environmental protection regulations regarding air and water pollution and noise control.

What expenses can I claim for tax?

There is extensive legislation & court rulings in relation to home office expenses. Some expenses that may be deductible include:

  • portion of rent;
  • portion of mortgage interest, council & water rates;
  • telephone/facsimile;
  • computer;
  • office furniture;
  • cleaning;
  • electricity;
  • stationery; and
  • reference books

Tags: Small BusinessStarting a Business

Author: Mr Taxman

Comments

Post a New Comment

Media Availability

Are you interested in booking Mr Taxman for a speaking engagement or requesting his viewpoints for an article?

comments-rhsLatest Comments

  • "I GAVE BENJAMIN DOUGLAS A CHANCE TO FAIL JUST LIKE OTHERS : BUT HE PROVED ME WRONG BY GRANTING ME A LOAN [email douglasloanfirm2@gmail.com] Its really teeming with scammers on the internet..."

    By: linda at Aug 15, 2018 10:39PM

    Post: The secret to getting your loan approved

  • "INSTEAD OF GETTING A LOAN,, I GOT SOMETHING BETTER Get €5,500 Euros every day, for six months! contact Mrs Juilana on atmhackers3321@gmail.com, for more info about how this works... See how it..."

    By: Jeremy at Aug 15, 2018 1:21AM

    Post: The secret to getting your loan approved

  • "Hi Mr Tax Man, I have a HECS (HELP) Loan and also a supplement Loan, I cannot find information anywhere that tells me if I have to pay them both back *so under the new threshold is it 2% for each..."

    By: Emma at Aug 12, 2018 9:53AM

    Post: Two important dates for those with HECS/HELP debts

  • "My partner and I have had an investment property in the past, but have now sold it. Because my tax is simple nowadays I was going to do it myself.The problem is that my partner has a separate..."

    By: Shane at Aug 02, 2018 4:38AM

    Post: Marriage

  • "Hi, I work as a consultant an often visit a number of different offices. I drive to the train station and catch the train to the client office/s. Am I able to claim the car trip or just the train..."

    By: JB at Jul 30, 2018 1:46AM

    Post: Claiming car expenses