ATO introduces new work from home deduction method

More employees are working from home than ever before as a result of COVID-19. The ATO has introduced a new ‘shortcut method’ in response to this, to simplify the process for those who are claiming work from home deductions for the first time.


The shortcut method allows employees to claim all work-related running expenses at a rate of 80 cents for each hour they work from home during COVID-19. Taxpayers are eligible to claim using the shortcut method as long as they are incurring additional deductible running expenses as a result of working from home.

Read Article

Recent News:

Liability limited by a Scheme approved under Professional Standards Legislation
Terms of Engagement | Privacy Policy

Copyright © 2015 Evans Edwards & Associates Pty Ltd  | ABN: 14 096 497 602 

452 Advice Pty Ltd | ABN 30 614 908 619

452 Advice Pty Ltd (trading as Evans Edwards Financial Advisors Wealth Creators) is a Corporate Authorised Representative (No.1261614) of Capstone Financial Planning Pty Ltd ABN 24 093 733 969. AFSL No. 223135. 

452 Finance Pty Ltd I ABN 24 629 999 373

Credit Representative Number 513542 of Centrepoint Alliance Lending Pty Ltd

Centrepoint Alliance Lending Pty Ltd Privacy Policy

ABN 40 100 947 804 I Australian Credit Licence 377711

74939008_Colour_Portrait.png
xero-gold-partner-badge-RGB.png