Profit First: Revisions to Home-Based Work Procedures for 2022-2023: Australian Taxation Office

Revisions to Home-Based Work Procedures for 2022-2023: Australian Taxation Office

For 2022–2023, the COVID-19 shortcut method at 80 cents an hour is not available (i.e., from 1 July 2022).

The ATO has outlined its proposed amendments to the fixed rate method in Draft PCG 2022/D4, claiming a deduction for additional operational expenses incurred while working from home – ATO compliance approach.

Learn more about this update by visiting the Australian Taxation Office website.

References: Working from home expenses

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