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Old 07-08-09
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Default Re: whats constitues a home office being a business office?

Hi All

The following link from the ATO helps answer this more clearly http://www.ato.gov.au/businesses/con...&mfp=&st=&cy=1

But overall, whatever method you use to claim you must be able to justify it. Doesn't have to be floor space % only. As long as you can justify/explain what your claiming and why you've picked the proportion/allocation you have.

A lot of accountants advise not to claim anything but occupancy expenses such as electricity and internet (apportioned) due to Capital Gains consequences later down the track.

Fletcher Tax Accountants
www.fletchertaxaccountants.com.au
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