Deduction for home office expenses
The hourly rate determined by the ATO for deducting home office expenses has been increased from 34c to 45c per hour for individual taxpayers, effective 1 July 2014.
The hourly rate determined by the ATO for deducting home office expenses has been increased from 34c to 45c per hour for individual taxpayers, effective 1 July 2014.
Managing your business, as well as your people’s productivity and their wellbeing brings a whole new set of challenges when the entire team is working remotely.
Many business owners claim a home office as a tax deduction at tax time.
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Client Resources We have created client resources to provide you with some useful information about the Australian Tax Office’s due dates and general tax information. It is important that you regularly check the Australian Tax Office’s website www.ato.gov.au for updated information about your taxation requirements. Clients of ATB Chartered Accountants should make contact with us for assistance in making…
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The ATO now uses real-time data to compare people’s tax returns with others in similar occupations and income brackets.