The way to claim home office has changed from 1st July 2022
From 1st July 2022, the “Shortcut Method” is not longer an eligible method to claim your home office expenses.
How to record and make Home office claims from 1st July 2022
Fixed Rate Method
You can claim a fixed rate of 52c for each hour you worked from home. This rate includes the cost of running expenses while working from home such as electricity and gas for heating, cooling and lights, decline in value for home office furniture and cleaning of your home office.
In addition to this fixed rate, you may be able to claim a portion of your other expenses incurred while working from home such as mobile, telephone, internet, computer expenses, printing & Stationary, laptops and printers.
Claiming Home office expenses under the Fixed Rate Method
Record the number of hours you work from home during the financial year, or keep a 4 week diary, if you consistently work from home.
For claims relating to Mobile phones and internet, keep a 4 week diary that shows the percentage in which you used your home internet for work related use and for mobile and home phone, identify work related phone calls as a percentage of your total usage.
Actual Cost Method
You may be eligible to claim a deduction for actual costs you incurred while working from home such as electricity for lighting, heating and cooling and decline in value for home office assets, mobile, telephone, internet, computer expenses, printing & Stationary, laptops and printers.
Claiming Home office expenses under the Actual Cost Method
For claims using the Actual Cost Method, keep a 4 week diary that shows the total hours worked from home and compare this to the to