npressfetimg-1632.png

Why Aussies who work from home are going to have a VERY painful time doing their tax returns: ‘Be much more prepared’

  • Those working from home losing a shortcut when submitting in their tax return
  • The 80 cent-an-hour method that started in March 2020 is ending on June 30 
  • That means electricity, heating, phone calls will need to be manually added up 
  • H&R Block’s Mark Chapman said home-based staff now needed to keep receipts

<!–

<!–

<!–<!–

<!–

<!–

<!–

Australians who work from home will no longer be able to claim a shortcut method when they put in their tax return next year.

Since the pandemic began in March 2020, professionals have been able to claim a flat 80 cent-an-hour rate for their expenses instead of having to manually add them up.

The shortcut was meant to have ended on June 30, 2021 but the Australian Taxation Office extended it for another …….

Source: https://www.dailymail.co.uk/news/article-10940423/The-BIG-change-coming-tax-return-work-home-not-like-it.html

Leave a Reply

Your email address will not be published. Required fields are marked *