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The Ultimate Guide to Tax Deductions for WFH

Updated: Oct 9, 2023


woman working on her laptop in bed in her pyjamas

The WFH Revolution: Working in Your Pyjamas

Ah, the beauty of working from home. No more getting dressed up for work, no more daily commutes, and no more office politics. Just you, your computer, and your pyjamas. The pandemic has brought about a new way of working, and the WFH revolution is here to stay. But what does this mean for your tax return?

What You Need to Know About the Tax Office

The tax office is like that strict teacher you had in high school. You don't want to mess with them, but you also don't want to leave any marks on your record. In other words, you need to know what you can and can't claim on your tax return.


The Home Office is Your New Workplace

If you're working from home, your home office is now your new workplace. That means you can claim deductions for expenses like electricity, heating, and cooling, as well as internet and phone bills.



Utility Bills and Internet Expenses: The Real MVPs of Tax Deductions


Let's talk about utility bills and internet expenses. These are the real MVPs of tax deductions. You can claim a portion of your electricity, gas, and water bills based on the percentage of your home that is used for work purposes. The same goes for your internet and phone bills.



Claiming Your Home Office Equipment: That Fancy Chair and Desk Just Got Real


If you've invested in some fancy equipment for your home office, you can claim these expenses as well. This includes things like your desk, chair, printer, and computer. Just make sure that you only claim the percentage that is used for work purposes.



Staying Organised: Keeping Track of Your Receipts and Expenses


Staying organised is key when it comes to claiming deductions on your tax return. Keep track of all your receipts and expenses related to your home office. This includes utility bills, internet and phone bills, and equipment expenses.



Don't Be Scared to Claim: Get What You're Entitled to!


Don't be scared to claim what you're entitled to. The ATO has made it clear that if you're working from home, you can claim deductions for expenses related to your home office. So go ahead, claim that fancy chair and desk, and those internet and phone bills. Just make sure that you keep track of everything and only claim the percentage that is used for work purposes.


The WFH revolution is here to stay, and so are tax deductions for home office expenses. Just remember to keep track of everything and only claim what you're entitled to. And hey, maybe it's time to invest in a new fancy office chair!

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