Wednesday 22 June 2022 06:29 AM The BIG change coming to your tax return if you work from home and not everyone ... trends now

Wednesday 22 June 2022 06:29 AM The BIG change coming to your tax return if you work from home and not everyone ... trends now
Wednesday 22 June 2022 06:29 AM The BIG change coming to your tax return if you work from home and not everyone ... trends now

Wednesday 22 June 2022 06:29 AM The BIG change coming to your tax return if you work from home and not everyone ... trends now

The BIG change coming to your tax return if you work from home and not everyone will like it Those working from home losing a shortcut when submitting in their tax return The 80 cent-an-hour method that started in March 2020 is ending on June 30  That means electricity, heating, phone calls will need to be manually added up  H&R Block's Mark Chapman said home-based staff now needed to keep receipts

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Australians who work from home will no longer be able to claim a shortcut method when they put in their tax return next year.

Since the pandemic began in March 2020, professionals have been able to claim a flat 80 cent-an-hour rate for their expenses instead of having to manually add them up.

The shortcut was meant to have ended on June 30, 2021 but the Australian Taxation Office extended it for another year as Sydney and Melbourne were placed into long lockdowns.

With the Delta outbreaks no longer forcing people to work from home, from July 1 the convenient 80-cent an hour method will no longer be available.

Instead, those working from home will be required to keep their electricity, internet and phone bills and manually add up their expenses to claim a lower 52-cent an hour deduction.

Australians who work from home will no longer be able to claim a shortcut method when they put in their tax return next year (pictured is a stock image)

Australians who work from home will no longer be able to claim a shortcut method when they put in their tax return next year (pictured is a stock image)

Tax agent H&R Block's director of tax communications Mark Chapman said those still working from home would need to get into a habit of keeping their receipts.

'It does mean from

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