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In response to “continued extenuating circumstances of COVID-19” and further lockdowns since 1 July, the Tax Office said it has extended the deduction shortcut until 30 June 2022.
This will see taxpayers able to claim the 80 cents per hour temporary shortcut method to calculate working from home deductions. The ATO flagged that the existing fixed-rate method (52 cents per hour) and the actual cost method are still available options for members or clients to use.
Read more at Accountants Daily