That's because in most cases, your house isn't the main office, studio or place of business, says Andrew Gardiner, spokesperson for the National Tax and Accountants' Association.
"The classic example would be someone who runs a hairdressing salon out of part of their house and they have it dedicated for that purpose," Mr Gardiner said.You can still only claim a portion, worked out by calculating the floor area of the business space compared to the total property size.
Breaking down the latest news and research to understand how the world is living through an epidemic, this is the ABC's Coronacast podcast. So, if you run your hair salon out of a room in your house, you may have to pay some capital gains tax when it comes time to sell your family home.
But what is the case if your employer closes your normal office and no longer provides you with a “normal place if work” compelling you to work from home”? Plus the government is strongly advocating this scenario.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'I was just really shocked': Tenants threatened with eviction despite proposed moratoriumDespite national cabinet agreeing to a moratorium on evictions, landlords are threatening to throw tenants and residents out of their businesses and homes | ErykBagshaw ErykBagshaw Of course they are. Only a bunch of guys whose whole life experience has been as a political groupie would think otherwise ErykBagshaw Something needs to be done about this now ErykBagshaw Of course they are, because businesses are falling over each other to rent premises at the moment, aren' t they?
Source: smh - 🏆 6. / 80 Read more »
Qantas engineer dismissed after 'creepy' comments to flight attendantThe Fair Work Commission found a Qantas engineer slapped a flight attendant on the bottom and claimed he had arranged a mechanical issue to ask her out wow in the midst of a pandemic this is our news He mutsa missed the old adage, never go fishing off the pier at work. No video to back up this woman's story so he'll be cleared by the High Court.
Source: theage - 🏆 8. / 77 Read more »
Zoom slapped with class-action lawsuit for overstating its privacy standardsZoom has been slapped with a class-action suit by one of its shareholders, accusing the video-conferencing app of overstating its privacy standards. Use Streamyard
Source: SBSNews - 🏆 3. / 89 Read more »
Cyber attacks targeting Aussies working from home by a 'gang of Nigerian businessmen' | Sky News AustraliaNews Corp Senior Correspondent Charles Miranda says a 'gang of Nigerian businessmen,' 480 strong, are 'absolutely flooding our home computers' and stealing money in streams of novel cyber-attacks which have exploited Australians working from home.\n\nMr Miranda said these cyber-attackers have been 'creating hundreds upon hundreds of registered domain sites, fake email addresses and they're stealing your money right now'.\n\n'Make no mistake they are absolutely flooding our home computers … with these fake emails'.\n\nHe told Sky News host many of these fake websites will be sent to people's emails posing as either MyGov or Australia Post, with the links containing hazardous malware, but there are a 'couple simple things you can do'.\n\nImage: AP Nigerians don't do that sort of thing all thier emails are honest. lol... I just won the Swiss lottery, and as long as i post $500 USD i can get $37 million back. See its fine. I just had a Nigerian prince offer me access to his heirem for $980 aud ! Bargain ! Those bastards have no scruples whatsoever. If the crap hits the fan in Nigeria, those asswipes would be the first to ask for help, run to the UN, World Bank, IMF, you name it for assistance. Well fk that
Source: SkyNewsAust - 🏆 7. / 78 Read more »
Rent, taxes, power bills slashed to help NT businesses cope with coronavirus impactTerritory businesses hurting from the COVID-19 pandemic will have their payroll taxes slashed and power bills halved, in a further $180 million rescue package from the government. I hope that the government does something about people buying products &selling overseas. I received this as an Easter gift from my parents in the country as I'm unable to buy. The territory is a place where we could homehold a 10,000 yr old Jedi native we might say good bye to cancer and it as a stopper in silent security verdict in conscious laws and hello to eternity with longevity surgery's Just received my Rates bill today! Gone up! Not impressed!
Source: abcnews - 🏆 5. / 83 Read more »
NSW finalising tenancy relief as residential rents likely to dropNSW is finalising plans for residential rent relief, which will include waiving or deferring land tax for landlords as long as they pass on savings to tenants. APRAinfo acccgovau We need a residential lending code and relieve the lenders from the fixed term without penalty. Banks should not take advantage from the current pandemic. Australian landlords are greedy.
Source: smh - 🏆 6. / 80 Read more »