Frank is a sales and marketing manager. He works from home mostly but also has an office
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Frank is a sales and marketing manager. He works from home mostly but also has an office at his employers office. His home office is a dedicated room. He works in his office approximately 24 hrs. a week. He took 6 weeks annual leave this past year. He also has in his office a Computer, Printer, Scanner and Fax Machine. He says the repairs to the equipment and paper cost $300 for the year. His office is 5% of the total area and he also uses one of the garages downstairs to store posters, banners etc. This area is also 5%. He pays $650 a week rent.
Question – Can he claim and home office expense and if so why and how much for the year ended 30 June 2020.
Related Book For
Auditing and Assurance services an integrated approach
ISBN: 978-0132575959
14th Edition
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
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