Home office expenses calculator 2023

You can claim a deduction if you carry out income producing work at home and incur expenses in using your home for that purpose. read more

ATO has made Major changes to the way you can calculate Home Office expenses from 1 July 2022

ATO has made Major changes to the way you can calculate Home Office expenses from 1 July 2022 Eligibility to claim To claim working from home expenses, you must: be working from home to fulfil your employment duties, not just carrying out minimal tasks, such as occasionally checking emails or taking calls incur additional running expenses as a result of working from home have records that show you incur these expenses. To calculate your deduction for working from home expenses, you must use one of the methods set out below. Where you incur running expenses for both private and work purposes, you need to apportion your deduction. You can only claim the work-related portion as a deduction. Additional running expenses Running expenses relate to the use of facilities within your home. These expenses are generally considered private and domestic expenses. You can claim a deduction for additional running expenses you incur as a direct result of working from home. Additional running expenses may include: electricity or gas (energy expenses) for heating or cooling and lighting home and mobile internet or data expenses mobile and home phone expenses stationery and office supplies the decline in value of depreciating assets you use for work – for example office furniture such as chairs and desks equipment such as computers, laptops and software the […] read more

Fuel tax credit eligibility

Decision tool designed to assist businesses in determining whether the fuel they use in business operations which may be eligible for fuel tax credits. read more

Work related uniform expenses

This application calculates a possible work related clothing deduction entitlement. read more

Foreign exchange rates

All foreign income, deductions and foreign tax paid must be translated (converted) to Australian dollars before including it in your return. read more

Fuel tax credit calculator

The fuel tax credit calculator is an easy to use tool that calculates the fuel tax credit entitlement for the purposes of preparing claims via the business activity statement (BAS). read more

GST calculation worksheet

Calculation sheet to work out GST amounts payable and BAS form. read more

Employment termination payment calculator

Employers can use this calculator to determine the tax free and taxable components of an employment termination payment made on or after 1 July 2007. read more

Education tax refund calculator

A calculator to help you determine how much Education tax refund you are entitled to. read more