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Rate for home office expenses bumped up

The ATO has updated the hourly rate for calculating home office running expenses for the income year commencing 1 July 2018.

Rate for home office expenses bumped up
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Rate for home office expenses bumped up

The home office running expenses hourly rate has been increased to 52c per hour, up from 45c per hour, effective from 1 July 2018.

Read more at the Accountants Daily.

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