Feb 25, 2020

If you work from home as a result of COVID19, you may be able to claim a deduction for the additional running expenses you incur. These include, expenses associated with heating, cooling & lighting in the area you are working from, phone & internet & other running expenses.

  • You may be able to claim the work-related portion of:
  • depreciation of home-office furniture, fittings & equipment such as computers & desks — if your equipment costs less than $300, you can claim a full deduction for the work-related portion
  • home telephone calls (25 cents per landline call; 75 cents per mobile call; and 10c per text that are made for work related purposes)
  • internet access charges
  • printer & printer cartridges
  • stationery
  • the cost of heating, cooling & lighting your home office that is over the amount you would ordinarily have to pay if you did not work from home (either your actual expenses or a rate of 52 cents per hour).
  • the costs of repairs to your home-office furniture & fittings
  • maybe even a portion of rent or mortgage interest (but beware of CGT) if its a condition of employment that your home is a place of business

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    By: Mr Taxman at Aug 07, 2020 12:08AM

    Post: Claiming car expenses

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