Loading
Haunt(Initiate)Initiate
8 May 2024

I am on a hybrid work from home setup wherein I work half the time in office and half the time at home, and I just have a question about claiming work-related expenses. I am planning to buy a Monitor, Keyboard, Mouse and Mousepad, and I already have a desk and chair bought that I want to claim as well. Could I claim all of those via the actual cost method because they're all below $300? I just wanted to make sure before I buy the monitor, keyboard, mouse and mousepad that I could claim each item. And also, the $300 below limit, is it for each individual item (e.g. monitor is $200, keyboard is $100, mouse is $50, mousepad is $20) I can claim all of those or is the $300 below limit for everything (which if that's the case I would go over $300 and would need to do the depreciating asset method?)


My employer only provides us our Mini PC to bring home to work so I need all of those equipment to fulfill my duties and earn my income.

4,041 views
4 replies
4,041 views
4 replies

Most helpful response

Most helpful replyATO Certified Response

JayneATO(Community Support)Community Support
ATO Certified Response10 May 2024

Hey @Haunt,


You're able to use the actual cost method in this case as each individual purchase is under the $300 limit.


For things like electricity, internet, printer ink etc you can use the fixed rate method to claim these deductions.


You can find more info about working from home deductions in our article.

All replies

Most helpful replyATO Certified Response

JayneATO(Community Support)Community Support
ATO Certified Response10 May 2024

Hey @Haunt,


You're able to use the actual cost method in this case as each individual purchase is under the $300 limit.


For things like electricity, internet, printer ink etc you can use the fixed rate method to claim these deductions.


You can find more info about working from home deductions in our article.

Haunt(Initiate)Initiate
11 May 2024

Hi @JayneATO ,


So just confirming once again, for example I buy a Monitor for $250 and a Keyboard for $250, which is $500 in total, I would be able to use the actual cost method and claim an immediate deduction since individually, they are under $300 and I would be able to get $500 back on my tax return?


Thank you so much once again.

Loading
Which calculation method should I use for WFH deductions? | ATO Community