How is COVID-19 going to affect your tax return this year?

The year 2020 has been difficult, but your tax return doesn’t have to be.

Father multi-tasking with young son (2 yrs) at kitchen table Source: Getty Images

Almost 14 million Australians will lodge their tax returns this year.

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highlights

The A-T-O expects an increase in work-related expense tax deductions and rental property claims.

If you are an individual you need to lodge your tax by October 31st this year.

You can claim the cost of electricity for heating, cooling or lighting in the room in which you are working, but only for the time of hours worked

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The ATO Tax Help is free and run by the ATO

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