Maybe. But you shouldn’t bank on using your new home office space to save money on your annual taxes.
Previously, at least in the United States, most workers were able to apply their home workspace as a tax deduction. However, the tax laws have recently changed to exclude those working for a traditional employer — even if they are 100% remote.
Other countries also offer tax deductions related to working from home but these laws vary greatly by location.
No matter your employment situation or geographical location, the best way to learn if your home office qualifies as a tax deduction is to speak to a local professional!