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actual cost method

Big change coming to work from home rules

Australians who still work from home are getting a new way to claim their tax deductions that should take some of the headache out of the process.The Australian Taxation Office has introduced a more streamlined “fixed rate method” that…

Taxpayers could soon be $1400 worse off

Aussies who work from home could see a drop in their return come tax time next year following a proposed change to the calculation process.The Australian Taxation Office (ATO) recently released its Practical Compliance Guideline for the…