The easy way to claim expenses for working from home - Cooking the Books with Frances Cook

Each week the NZ Herald and Newstalk ZB's Cooking the Books podcast tackles a different money problem. Today, it's how to get cash back for your work from home expenses. Hosted by Frances Cook.

If you’re one of the people who’s been lucky enough to work from home during the pandemic, you’ve probably got a question about now; can I claim expenses for this?

You don’t need me to tell you that it’s uncertain times now, and every bit you can save on expenses can help you prepare for the coming rainy days.

After all, your electricity and your internet useage have probably gone up. Those who are self-employed can claim tax back on that, as well as part of their rent or mortgage interest.

So what about if you’re an employee, can you get those expenses back?

Well yes, but through a slightly different system. The good thing is, it’s actually pretty simple.

For the latest Cooking the Books podcast I talked to Terry Baucher, director of tax consultancy Baucher Consulting.

We discussed the system for claiming expenses as an employee, the easiest way to do it, and how to organise it with your employer.

If you have a question about this podcast, or a question you'd like answered in the next one, come and talk to me about it. I'm on Facebook here https://www.facebook.com/FrancesCookJournalist/ Instagram here https://www.instagram.com/francescooknz/ and Twitter here https://twitter.com/FrancesCook

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