Due to the impacts of the COVID-19 pandemic and the increase in the number of individuals working from home, the ATO has extended the all-inclusive temporary shortcut method to calculate an individual’s working from home deduction amount by another 12 months to 30 June 2022.
The shortcut method allows taxpayers to claim a flat rate of 80 cents per hour for all of the expenses associated with working from home. The expenses include:
- phone and internet expenses
- decline in value of equipment and furniture, and
- electricity and gas for heating, cooling and lighting.
Further information
Australian Tax Office, Home office expenses, 15 October 2021