You can use a fixed rate of 52 cents per hour for home office expenses for heating cooling lighting and the decline in value of furniture instead of keeping details of actual costs.
Home office expenses ato cents per hour. Have incurred additional running expenses as a result of working from home. The australian taxation office ato is introducing a new method which will allow people to claim 80 cents per hour for all their running expenses rather than needing to calculate costs for. You should also be able to claim travel for running errands at 66 cents per km so keep a record of the km s that you travel whilst delivering prescriptions. The new arrangement will allow people to claim a rate of 80 cents per hour for all their running expenses rather than needing to calculate.
You just need to keep a record of the number of hours you use the home office and multiply that by 52 cents per hour. Are working from home to fulfil your employment duties and not just carrying out minimal tasks such as occasionally checking emails or taking calls. The home office expenses calculator helps you work out the amount you can claim as a tax deduction for home office expenses for the previous six income years. Keep a diary of the details of your actual costs and your work related use of the office or.
What s new for 2018 19 the fixed rate for heating cooling and lighting in your home office is now 52 cents per hour. They include claiming a rate of 80 cents per work hour for all additional running expenses claiming a rate of 52 cents per work hour for heating cooling lighting cleaning and the decline in. The pattern of work related usage has been established the tax office accepts a fixed rate of 52 cents per hour to cover electricity and gas for heating lighting and cooling and the depreciation of office furniture applicable for the year ending 30 june 2019. New working from home shortcut.
You can choose to use this rate if you. The australian taxation office ato is announcing special arrangements this year due to covid 19 to make it easier for people to claim deductions for working from home. Are working from home to fulfil your employment duties not just carrying out minimal tasks such as occasionally checking emails or taking calls. Home office heating cooling lighting and cleaning costs.
Using this method you can claim 80 cents per hour for each hour you work from home during the period 1 march to 30 june 2020. Ato rate per hour method. You can claim a deduction of 80 cents for each hour you work from home from 1 march to 30 june 2020 as long as you. If the diary basis of claim is used i e.
Use a fixed rate of 52 cents per hour for heating cooling lighting and the decline in value of furniture in your home office.