Changes in Working from home deduction


The two methods for working from home deductions which were 52 cents/80 cents per hour have been integrated into 67 cents per hour.

This method is set to come into effect from FY2023 and you must keep a record of the total number of hours you worked from home (such as a timesheet, roster or diary) as well as evidence you paid for each of the expenses from 1 March 2023.

It is noticeable that you can separately claim the work-related portion of the decline in value of depreciating assets – such as office furniture and technology.

Please contact your accountant for more information and keep the relevant evidence for tax return FY2023.

Thank you.