Working From Home – What to Claim in 2023

Working From Home – What to Claim in 2023

Hello Chasers,

Despite more people still choosing to work from home, the ATO has moved the ‘goal posts’ regarding what you can claim using the previously simplified shortcut method.

Prior to 1 July 2022, Australian taxpayers who incurred additional expenses as a result of working from home had the choice of three methods to claim these expenses:

  • the shortcut method,
  • the fixed-rate method, or
  • actual expenses.

However, from 1 July 2022, the ATO has abolished the shortcut method and the previous fixed-rate method and replaced them with a revised fixed-rate method.

Click here to read more …

Read more of our daily blogs in our Chasing the Dream Facebook Community

Share This

Related Posts

Featured
4 Min Read

Google Chat

Hello Chasers, Having an effective solution for the lifeblood of any small business: communication – is another key to maintaining a super productive team!  Let’s face it, emails can get buried, texts feel impersonal, and carrier…
Read Full Article
Featured
4 Min Read

A Clear Vision

Hello Chasers, As business owners, we need to be able to harness the power to manage and use our time more effectively if we are to scale and grow our businesses. Time is a commodity that…
Read Full Article