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Lockdowns spark boom in WFH tax deductions

Tom McIlroy

The number of Australians claiming tax deductions related to working from home grew by more than 1 million last financial year, with a quarter of taxpayers using a special shortcut for makeshift office spaces.

A shortcut introduced to help taxpayers affected by pandemic lockdowns allows anyone working from home to claim at an all-inclusive rate of 80 cents per hour, rather than requiring complex calculations for specific deductions.

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Tom McIlroy was the Financial Review’s Canberra bureau chief.

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    Original URL: https://www.afr.com/politics/federal/lockdowns-spark-boom-in-wfh-tax-deductions-20210506-p57ph3