The ATO has revised the way taxpayers can claim deductions for costs when working from home.
The new changes will apply from 1 July 2022 and will be applicable to the 2023 Income Tax Returns.
Please note the compliance requirements are more stringent than previously.
The ATO has released a brochure providing further details as to how this will work. Here’s a link to the brochure.
If you have any questions, please contact our office or book a meeting through Calendly.
Kind Regards,
Eric Cirulis
Director/CEO