Salary Packaging Home Office Expenses
Work from home? Learn how salary packaging home office expenses could help you save on tax.
Who can package home office expenses?
This salary packaging option is available to the following industries:
Speak to your employer to see if this benefit is offered as part of your workplace benefits.
If you need to purchase furniture, technology, or repair your home office equipment, you may be eligible to salary package the cost. This allows you to use pre-tax dollars to pay for these expenses and potentially reduce your taxable income. This means that there may be a little more left over in each pay cheque – maybe to spend on pleasure instead of business?
Benefits of salary packaging home office expenses
- Potential to reduce your taxable income and increase your disposable income
- No need to wait until tax time to claim reimbursement for your expenses
- Submit claims any day, any time using the handy Maxxia app
What can I salary package as a home office expense?
If you need to make a purchase for your home office or for work-related activities undertaken at home, then it may be able to be salary packaged.
Eligible items may include:
- Monitor
- Desk and chair
- Filing cabinet
- Printer and photocopier
- Stationary
- Computer software
- Maintenance or repairs on your home office equipment
The good news is that there is no Fringe Benefits Tax (FBT) incurred for home-office expenses! That’s because this benefit is considered ‘above the cap’ and doesn’t attract FBT.
However, employers may have a limit for how many home office expenses you can salary package, so it’s best to speak to your employer directly.
How do I pay for home office expenses with salary packaging?
Each pay cycle, your payroll office will send a designated amount to Maxxia to hold in your salary packaging account. This is amount is set by you and can be changed as needed.
Home office expenses can be claimed via reimbursement from your salary packaging account. If you would like to make a claim on an eligible expense, simply upload original receipt/tax invoice to your Maxxia account.
Important things to know
- Expenses of a capital, private or domestic nature can't be salary packaged under the home office benefit.
- If any item is salary packaged, it can’t also be claimed as a tax deduction.
Things you need to know: The above information is not intended to constitute taxation or financial product advice. Your benefits and savings will vary depending on your personal objectives, financial situation and needs. We recommend you obtain independent financial advice before making any financial decisions.
Eligibility criteria and terms and conditions apply. All salary packaging proposals are subject to the requirements of your employer. Administration fees will apply. The actual administration fee that applies to you may vary depending on your employer. Maxxia may pay and receive commission or rebates in connection with some services and products it provides or arranges to be provided by third parties. Maxxia Pty Ltd ABN 39 082 449 036 Authorised Representative (No. 278683) of McMillan Shakespeare Limited (AFSL No. 299054).
Use the salary packaging calculator
We take the guesswork out of salary packaging.