Work From Home Tax Deductions | ATO 2022

FOR MORE ON MONEY: https://onmoney.com.au/ With many people working from home during the last couple of years, the tax office has made changes to the way you can claim tax deductions for your work from home expenses. There’s 3 main methods here that can be used for claiming WFH deductions. And you can choose whichever method gets you the best return. 1. Shortcut Method 2. Fixed Rate Method 3. Actual Cost Method You can choose whichever method gives you the best tax deduction to help cover the additional cost of working from home. FOR ASSISTANCE WITH YOUR TAX: 👉 https://quintrell.com.au/contact/ ATO Website: https://www.ato.gov.au/Individuals/Income-and-deductions/Deductions-you-can-claim/Working-from-home-expenses/?=QC63194 DISCLAIMER: This is not taxation advice. The rules around taxation are constantly changing. Speak to your accountant for advice that is specific to your personal situation. This is a financial education channel that aims to empower people when it comes to money. Thanks for watching. #wfh #workfromhome