Using Your Home As Your Office

You are allowed to claim a proportion of your home costs for running your business from home. The percentage claimable is worked out based on the area of your office divided by the area of your home - for example say your office is 15sqm and your home is 100sqm then 15% of your costs are claimable. So keep all of your home costs, invoices and statements including rates, power, mortgage interest, r... More

Topics: Claimable Expenses Business Record Keeping Tax Compliance Family Home Guides

Posted 7/10/2008