How to navigate the complicated tax deductions around working from home

Despite a general easing of restrictions in most parts of the country that allow people to return to the office, many are still opting to work from home for a variety of reasons. And with Victoria undergoing its fourth lockdown since the pandemic began, the decision on where to work has been taken out of most people’s hands.

But while working from your dining table or spare bedroom removes the commute and has lifestyle benefits and cost savings, there are often higher costs associated with electricity bills, internet usage, home-office equipment, furniture and stationery.

With tax time just around the corner, it’s a good opportunity to consider what you might be entitled to claim as a deduction when you are filling out your tax return.

Today on Please Explain, senior economics writer Jessica Irvine joins Nathanael Cooper to help navigate the complexities of tax deductions.

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The total reported Australian cases of thrombocytopenia syndrome (TTS) is now 24, with 21 confirmed and three considered probable. About 2.1 million doses of the AstraZeneca vaccine have been administered so far.

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