3 tips for Home Office Deductions

The way that you work from home will determine what you can claim as a tax seduction. In general, there are three ways that a person can carry out work at home (FREE fact sheets attached):

  • Home is the principle place of business - the business is run from home and a room is set aside exclusively for business activities.
  • Home work area - a room is set aside primarily or exclusively for business activities but the home is not the principal place of business.
  • No specific work area - the work is done in a living area or garage but the home is not the principal place of business and there is not a room set aside primarily or exclusively for business activities.
  • Home Office Q & A

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