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Yearly Archives : 2023

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Changes to Working from Home Deductions in 2023

August 11, 2023      No Comments

The Australian Taxation Office (ATO) introduced new rules for claiming deductions for costs incurred while working from home on February 16, 2023. These rules are applicable from July 1, 2022 and are summarised below: Fixed Rate Method The revised fixed rate method, applicable from July 1, 2022 onwards, involves a…

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