Work From Home Tax Deductions What You Can Claim
Feeling overwhelmed by work-from-home tax deductions? You're not alone—but the right strategies can help you keep more of your hard-earned money.
✅ Key Takeaways
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✅ Two easy methods: Choose between the ATO’s simplified 70¢ per hour fixed-rate method or the more detailed actual-cost method, depending on your record-keeping habits.
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✅ Eligible running expenses: Claim electricity, internet, phone, stationery, and small tools if you work from home consistently.
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✅ Depreciation matters: Items over $300—like desks or computers—can be depreciated over several years for added tax relief.
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✅ Home office requirements: You may be able to deduct occupancy costs like rent or cleaning if you use a dedicated space for business.
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✅ Record-keeping is key: Maintain detailed logs, receipts, and bills to back up your claims and stay compliant.
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✅ Shared expenses must be apportioned: Only the work-related portion of shared costs like utilities can be deducted—be reasonable.
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✅ Extra claims with actual cost: Unlike the fixed rate, the actual-cost method lets you claim separate depreciation and direct costs.
? Want to make sure you're not leaving money on the table? Read the full breakdown in our Work‑From‑Home Tax Deductions Guide
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