Calculate Home Office Deduction: Simplified Method | Sapling
Calculate Home Office Deduction: Simplified Method | Sapling
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Calculate Home Office Deduction: Actual Expense Method | Sapling
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👨‍💻 Wondering how to claim home office expenses? We've got you covered! Starting from the 2022-2023 financial year, there are two methods you can use to calculate your deductions: 👉 Fixed-rate method: This method allows you to claim 67 cents per business hour for home office expenses. It simplifies the process and covers various costs like electricity, internet, and depreciation of furniture and equipment. 👉 Actual cost method: With this method, you calculate your specific expenses based on
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