Home Office Expenses
- Business portion of the outgoings and depreciation is deductible against taxpayer’s income (other than a private nature, capital nature, or in deriving employment income)
- Typical deductible outgoings - e.g. rates, electricity, heating, fuel, insurance (house and contents), repairs and maintenance, rents, interests on mortgage, etc.
- Apportionment, based on % of size of “office” to the total floor area of the home