Private ruling: Home office - Running Expenses
Date of advice: 4 November 2022
Published: February 2022
Ruling period: Year ended 30 June 2018 | Year ended 30 June 2019 | Year ended 30 June 2020 | Year ended 30 June 2021 | Year ending 30 June 2022 | Year ending 30 June 2023
Date scheme commenced: 1 July 2017

Ruling: Q1: Are you entitled to a deduction for a portion of your units running expenses under section 8-1 of the Income Tax Assessment Act 1997 (ITAA 1997)? | A1: Yes. Taxation Ruling TR 93/30 Income tax: deductions for home office expenses (TR 93/30), discusses home office expenses. Where a home office has the character of a place of business, a proportion of running costs can be claimed as a deduction. Having considered your circumstances, the Commissioner accepts that you are entitled to a deduction for the running expenses under section 8-1 of the ITAA 1997.

Relevant facts and circumstances: You reside with your family at your main residence. You are employed in a full time, permanent basis. Your employer provides you with a workplace to complete your duties. You began renting a unit in September 19##. You complete work tasks after hours at the unit. You only complete work related tasks at the unit, and it is not used for personal reasons. You incur expenses at the unit. You do not use the unit as a place to meet with colleagues or conduct work related meetings.

Relevant legislative provisions: Income Tax Assessment Act 1997 Section 8-1