Working from home because of coronavirus? You're now eligible for a new 80 cents per hour tax shortcut.

27.04.20 09:35 AM By Caitlin

Claiming tax deductions for working from home due to coronavirus is being made easier.


The Australian Taxation Office (ATO) is introducing a new method which will allow people to claim 80 cents per hour for all their running expenses, rather than needing to calculate costs for specific running expenses.


The change will apply from March 1 to June 30, after which the ATO will review the arrangement for the next financial year as the COVID-19 situation progresses.

Continue reading...