Bloomberg Tax
Aug. 21, 2023, 5:00 AM

Australia Tax Agency Updates Guidance on Deductions of Additional Work-From-Home Expenses

The Australian Taxation Office Aug. 17 updated Practical Compliance Guideline No. PCG 2023/1, on deducting additional running expenses incurred in working from home. Updates include clarifications on the availability of the fixed-rate method of calculating the deduction when a third party, like an employer, pays or reimburses some, but not all, additional work-from-home expenses. Topics covered include: 1) the actual expense, shortcut, and fixed-rate methods of calculating the deduction; 2) the deduction amount of A$0.67 (US$0.43) per work hour under the fixed-rate method, including for energy, internet, and telephone expenses, as well as for stationery and computer consumables; and 3) ...

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