How to claim home office expenses – a quick refresher

How to claim home office expenses – a quick refresher

 

Home office claims aren’t one-size-fits-all. Before submitting your info, it’s a great idea to review your setup and run through the following:

What percentage of your home is used for business purposes?
Don’t have a dedicated workspace? Your calculations should reflect the area you do use, and the time you spend working from home.

Has anything related to your home office changed during the past year?
Did you move house, change your phone or internet plans, or shift where or how you work at home?

Which household costs are you claiming a portion of?
Such as rates, insurance, power, and rent or mortgage interest.

 

Contact Us!