13 Jun 2019 Claiming a tax deduction for expenses for a home-based business
If you operate some or all of your business from your home, you may be able to claim tax deductions for home-based business expenses in these categories:
- occupancy expenses (such as mortgage interest or rent, council rates, land taxes, house insurance premiums)
- running expenses (such as electricity, phone, decline in value of plant and equipment, cost of repairs to furniture and furnishings, cleaning)
- the expenses of motor vehicle trips between your home and other places, if the travel is for business purposes.
Find out more here.