Maximise Your Work From Home Tax Deduction 2025 🇦🇺 | Mini Series EP1

How to calculate your work from home tax deduction 2025🇦🇺 | Mini Series EP1

Don't Miss These Work From Home Tax Deductions (Australia 2025)
Tax season is here, and I’ve created a mini-series to help you maximize your tax return and avoid missing out on deductions you’re entitled to. In this video, I cover everything you need to know about work from home tax deductions – including what you can claim, what you can’t claim, and how to calculate your deduction using the actual cost method or the fixed rate method).

You'll learn:
✅ What expenses you can claim
✅ What you cannot claim
✅ How to keep records like diaries or calendars to substantiate your claims
✅ When to use the actual cost method vs. the fixed rate method
✅ The $300 immediate deduction rule for office equipment

This video is perfect if you're an employee working from home in Australia and want to legally reduce your taxable income.

📄ATO resource: https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/deductions-you-can-claim/work-related-deductions/working-from-home-expenses

📌 Watch the full mini-series to make sure you claim every deduction you’re entitled to.
Episode 1: Work from home deductions https://youtu.be/va1j-W8iYcA
Episode 2: Motor vehicle deductions https://youtu.be/jlSGm8jJjQ8
Episode 3: Work related deductions https://youtu.be/E6JUjC6LpdE
Episode 4: Crypto https://youtu.be/d9cQ4gdLNfg
Episode 5: Side hustles https://youtu.be/Nk94MZqUeXE
Episode 6: Tradies https://youtu.be/AGPf0xruZq8
Episode 7: Investment properties https://youtu.be/1VSOjHRETuE

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⚠️ Disclaimer: This content is for education and entertainment purposes only. James is not a financial adviser nor is he a tax advisor. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific individual and might not be suitable for all individuals. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal. Individuals should not act upon the content or information found here without first seeking advice from an accountant, financial planner, lawyer or other professional. James is not liable for any loss incurred, arising from the use of, or reliance on, the information provided by this video.