Home Office Expenses 2024 Ird. Inland revenue has recently published guidance on how to apply the ‘square metre rate’ option for calculating home office expenses, available to business owners who use some of their own. Using your home for your business
If you use an area of your home for your business, such as your home office, garage or a workshop, you can claim a portion of the household expenses and reduce your tax. The first step in calculating home office deductions is to work out the proportion of the property that’s used for the business, including any work,.