ATO Reference for Actual Cost Method
| Item | Usage % | Rate | Hours/Week | Hours/Month | kWh (if electric) | Annual Cost ($) | Action |
|---|
Total Tax Deduction (Section 1): $0.00
ATO Reference for Occupancy Expenses
Total Tax Deduction (Section 2): $0.00
Total Tax Deduction (Combined): $0.00
The information provided by this Work From Home (WFH) Tax Deduction Calculator is for general guidance and illustrative purposes only. It is based on the Actual Method of calculating home office deductions as permitted by the Australian Taxation Office (ATO) for the 2024–2025 financial year and includes both running and occupancy expenses.
While care has been taken to ensure the calculator reflects current tax laws and ATO guidance, it does not constitute personal tax advice. Users should not rely solely on the results for tax filing or financial decision-making.
Important Notice on Occupancy Expenses:
If you claim occupancy expenses—such as rent, mortgage interest, council rates, or insurance—for a home you own,
you may be subject to Capital Gains Tax (CGT) when you sell the property.
Claiming occupancy expenses may reduce or eliminate the main residence exemption for CGT purposes.
This can have significant long-term tax implications.
We strongly recommend consulting with a registered tax agent or qualified accountant to assess your personal situation and ensure compliance with ATO requirements.
By using this calculator, you acknowledge that you do so at your own risk and that no liability is accepted for any loss or damage arising from reliance on the calculator or its outputs.