Lately I've been working from home a lot. And I've bought some new computer equipment to make working from home better.
When it comes to tax time - I'm supposed to figure out what percentage of usage that equipment is allocated for business vs private/personal use.
But… do big businesses do this, too? People in an office are going to be goofing off browsing the web or watching YouTube maybe 10% of the time (maybe more, maybe less). They'll make personal calls on the deskphone. And they'll spend some of the time on the furniture in the process of undertaking non-business-related activities.
Do big businesses tell the tax office all their office equipment and computers are only used for 90% business use? Or do they tell the tax office it's 100% business related? In which case surely home office users can tell the tax office the same thing?
What's your experience with claiming something from the tax office as used for work but also for private use?
You are supposed to keep a diary with details of your work related use. See https://tv.ato.gov.au/ato-tv/media?v=bd1bdiubgwogok
you can do it using ATO app
this document also sets the guidelines on how to claim a deduction for WFH expenses
https://www.ato.gov.au/individuals/income-and-deductions/ded…
Business items, purchased by the business owner can be claimed entirely as a business expense. They are counted as their assets. If you bought computer equipment / stationery / uniforms for your employees, most of it can be claimed as a business expense, depending on how they're used by the employee https://www.ato.gov.au/individuals/income-and-deductions/ded…