The ATO has some updates for those of us working from home. It’s called Claiming a tax deduction for expenses for a home-based business

It has some potentially valuable insights for you if you’ve been working from home these past few months. Here’s a short snippet:

– occupancy expenses (such as mortgage interest or rent, council rates, land taxes, house insurance premiums)

– running expenses (such as electricity, phone, decline in value of plant and equipment, furniture and furnishing repairs, cleaning)

– the expenses of motor vehicle trips between your home and other locations, if the travel is for business purposes.

The rest of the article gets even more in-depth. So, if you want to read more of it, just click on this link to the full article at