From 1 July 2022, the methods for claiming working from home expenses have changed. The 80 cents per hour COVID-19 shortcut method is not available for the 2023 financial year.

The two methods available for claiming working from home expenses are:

• Revised Fixed Rate Method (67 cents per hour)
• Actual Method

Please refer to the ATO website which outlines the available deductions and record keeping requirements, under the two methods.

Please ensure you consider the changes, and their impact on your claims, prior to providing your 2023 tax information to our office