As the COVID-19 situation develops, most of the employees working from home and good news is that you can claim expenses at the financial year.
We understand it’s hard to keep tracking these expenses So, ATO will accept a temporary simplified method (or shortcut method) of calculating additional running expenses from 1 March 2020 until at least 30 June 2020.
ATO may extend this period, depending on when work patterns return to normal phase.
Some detailed information about:
Want to Claim this deduction??
To claim a deduction for working from home, all of the following must apply:
You can’t claim a deduction for items provided by your company or if you have been reimbursed for these expenses . Which means you must pay from your pocket
If you are not paid back by your company and receive an allowance from them to cover these expenses when you work from home, you: