Business News - Results from #1732

Tue Jun 30

Be careful what you claim for when working from home. There are capital gains tax risks

Written by: Dale Boccabella, Associate Professor of Taxation Law, UNSW

Shutterstock

Nearly all of the income tax focus in the context of “working from home” during COVID-19 has been on claiming “running expenses” – things like electricity, heating and internet/broadband fees.

These are pretty straightforward.

The Australian Tax Office released a temporary shortcut for claiming running...

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