Deduction For Home Office 2025

Deduction For Home Office 2025. Depreciation of assets that cost more than $300 such as office furniture,. In its absence, the ato has now introduced an updated fixed rate method which has gone up from 52 cents to 67 cents, kicking off from march 2023.


Deduction For Home Office 2025

The revised fixed rate method doesn’t require taxpayers to have a dedicated home office space to claim working from home expenses. Under this method, you can claim 67 cents per hour for.

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