Working from Home Expenses | McSweeney CA | Consulting Accountants Working from Home Expenses
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Working from Home Expenses

There have been some recent changes to the working from home expense claims, including new record-keeping requirements from 1 March 2023, and a new fixed rate method for calculating deductions that was introduced by the Australian Taxation Office (ATO) on 1 July 2022.

Under the revised method you can claim a higher rate per work hour. There have also been changes to the expenses covered.

How it works

You can claim 67 cents for each hour you work from home during the relevant income year (increased from 52 cents in prior years). The rate includes the additional running expenses you incur:

The rate per work hour (67 cents) includes the total deductible expenses for the above additional running expenses. If you’re using this method, you can’t claim an additional separate deduction for these expenses.

Record keeping for the fixed rate method

To claim your working from home deduction using this method, you must keep:

Record keeping for 2022–23

If you haven’t been keeping a record of the actual hours you worked from home, for the 2022–23 income year only, you must be able to provide both:

If you don’t use the revised fixed rate method, you need to use the actual costs method to claim a deduction for the additional expenses you incur as a result of working from home.

Please refer to our Fact Sheet for further information on Working from Home Expenses.

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