Simplified home office expense deduction claims due to COVID-19

Update to ATO home office expense deduction claims

Given that many Australians continue to work from home due to COVID-19, the ATO has updated its Practical Compliance Guideline.

The Practical Compliance Guideline now allows taxpayers working from home to claim a rate of 80 cents per hour, by keeping a record of the number of hours they have worked from home, rather than needing to calculate specific running expenses.

The application of the Guideline has been extended so that it now applies from 1 March 2020 until 31 December 2020.

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