Updated 8th April.
Due to the significant measures released by the Federal Government, we have broken this page into sections, please see the side menu or follow the below links
We will continue to update these pages as soon as possible.
Claiming your home office has been simplified for your tax return.
We can continue to claim at the rate of 52c per hr to offset your costs for electricity, home office furniture and cleaning etc. As well as the old rules for phone and net (max $50 for phone unless substantiated higher, net based on logbook % use of data), stationary,
consumables and depreciation for computer equipment.
The ATO have now released a shortcut method for those working at home due to COVID-19. The claim is for 80c per hour rate for people to claim, this is to include:
Instead of having to substantiate and claim those separate items, you can claim the 80c rate by keeping a record of the hours you've worked from home.
It's geared towards helping people that usually don't have these claims to make a reasonable deduction based on some their varied circumstances. We'd recommend keeping records as usual and we'll choose the best rate when we prepare your tax return.
Other websites
Also please find a link to our recent newsletters.
Most importantly we are here to help with these measures as they apply over the next six months.
Please reach out to Centrelink directly where applicable.
Boost your business efficiency with our comprehensive suite of online calculators, tailored to your every financial need.
Download our individual tax return checklists, business guides and other important documents.
Navigate the digital landscape with ease using our comprehensive list of business-focused URLs.
Streamline your tax planning with Key Dates. It's an online hub that businesses can use to easily access important tax deadlines.