Timesheet as proof for Work From Home shortcut method

May 20, 2021

The ATO has reminded taxpayers of the 3 different methods to calculate WFH running expenses:

  1. an all-inclusive rate of 80 cents per work hour at home for all working from home expenses (the temporary shortcut method)
  2. a rate of 52 cents per work hour at home for the heating, cooling, lighting and cleaning of the dedicated work area and the decline in value of office furniture and furnishings. Then calculate the work-related portion of telephone and internet expenses, computer consumables, stationery and the decline in value of a computer, laptop or similar device or
  3. the actual work-related portion of all running expenses, which needs to be calculated on a reasonable basis.

Taxpayers opting to use the shortcut method will not be able to claim individual expenses such as telephone and internet costs and the decline in value of new office furniture or a laptop as the 80 cents per hour is meant to be all-inclusive. The ATO said that the only proof required (for the shortcut method) is a record of the number of hours worked from home, such as a timesheet.