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Office space in a bond free home?

Posted 26 May 2014

I work from home in an office entirely devoted to work. Our bond is fully paid up. How do I claim deductions for this space if I am not paying off a bond?

TaxTim TaxTim says:
26 May 2014 at 20:55

You can only deduct actual expenses so you would be able to deduct a portion of your rates, taxes, insurance, electricity etc in relation to the size of the office over the whole house.

Margs says:
27 May 2014 at 9:24

Thanks so much.

TaxTim TaxTim says:
27 May 2014 at 19:06

Only a pleasure!

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