This on-demand session is available to watch instantly after purchase at the time of your choosing and will expire within 12 Months of purchase.
Date recorded: May 2023
Working from home at least one day a week has become the new normal for many people since the COVID-19 pandemic, making work from home expense claims a significant issue. One of the hot topics for tax purposes right now is how to claim and substantiate these expenses.
The Australian Taxation Office has recently finalised Practical Compliance Guideline PCG 2023/1. This guideline provides the new fixed rate method for calculating work from home running expenses for the 2022/23 financial year.
This presentation will delve into the tax deductibility of working from home expenses and consider the substantiation requirements. Please join Judy White on a journey to explore the changes and working from home tax deductions tips, methods and documentation.
Topics Covered
- Types of home office expenses - running costs, occupancy costs, other costs
- Eligibility to new Fixed Rate method
- Record-keeping
Benefits and Learning Outcomes:
This seminar will assist Practitioners to help clients be aware of the tax deductions that can be claimed and how to calculate and document such claims, for working from home expenses.
Meet Your Speaker: Judy White, BDO
Judy is a Director with BDO in Brisbane in the Tax Division. She has a relationship-driven approach and builds strong working relationships with her clients. Judy provides taxation advice to a portfolio of small to large entities and has extensive experience of over 25 years, in advising and applying taxes to businesses. Judy has also developed a strong specialty in Fringe Benefits Tax and employment taxes generally. She also has a passion for presenting, and is regularly providing presentations, training, and lecturing on tax topics.
