Home Office Expense Log

Business Name: [INSERT BUSINESS NAME] ABN: [INSERT ABN] Financial Year: 1 July [INSERT YEAR] to 30 June [INSERT YEAR] Calculation Method: [Fixed Rate / Actual Cost] Primary Contact: [INSERT NAME]

Part 1: Hours Worked Record

Use this section if you are using the Fixed Rate Method (67 cents per hour). You must record every hour you work from home for the full year.

Date	Start Time	Finish Time	Total Hours	Work Activity Description
[DD/MM/YYYY]	[00:00 AM/PM]	[00:00 AM/PM]	[0.0]	[e.g. Invoicing, quoting, admin]
[DD/MM/YYYY]	[00:00 AM/PM]	[00:00 AM/PM]	[0.0]	[e.g. Client emails, rostering]
[DD/MM/YYYY]	[00:00 AM/PM]	[00:00 AM/PM]	[0.0]	[e.g. Stock ordering, accounts]

Total Hours for Year: [CALCULATE TOTAL HOURS] Fixed Rate Calculation: [TOTAL HOURS] x 0.67 = $[TOTAL CLAIM AMOUNT]

Part 2: Energy and Phone Diary (Actual Cost Method)

Keep this record for a typical 4 week period to determine your usage pattern.

Week	Device/Utility	Total Personal Hours/Use	Total Business Hours/Use	Percentage Business Use (%)
[Week 1]	[Heating/Cooling]	[0]	[0]	[0%]
[Week 1]	[Phone/Mobile]	[0]	[0]	[0%]
[Week 1]	[Internet]	[0]	[0]	[0%]
[Week 2]	[Heating/Cooling]	[0]	[0]	[0%]
[Week 2]	[Phone/Mobile]	[0]	[0]	[0%]
[Week 2]	[Internet]	[0]	[0]	[0%]

Average Business Use Percentage: [CALCULATE AVERAGE %]

Part 3: Running Expense Receipts

Record receipts for consumables and repairs relevant to the home office.

Date	Supplier	Item Description	Total Amount ($)	Business Use (%)	Deductible Amount ($)
[DD/MM/YYYY]	[Office Works]	[Printer Paper]	[0.00]	[100%]	[0.00]
[DD/MM/YYYY]	[Harvey Norman]	[Printer Ink]	[0.00]	[100%]	[0.00]
[DD/MM/YYYY]	[Electrician]	[Repair Office Light]	[0.00]	[100%]	[0.00]
[DD/MM/YYYY]	[Telstra]	[Internet Bill]	[0.00]	[INSERT %]	[0.00]

Part 4: Asset Register (Depreciating Assets)

List furniture and equipment costing over $300 or used partially for private purposes.

Date Purchased	Asset Description	Cost ($)	Work Use (%)	Effective Life (Years)	Opening Value	Decline in Value ($)
[DD/MM/YYYY]	[Office Desk]	[0.00]	[100%]	[10]	[0.00]	[0.00]
[DD/MM/YYYY]	[Office Chair]	[0.00]	[50%]	[5]	[0.00]	[0.00]
[DD/MM/YYYY]	[Laptop]	[0.00]	[100%]	[3]	[0.00]	[0.00]

Declaration

I declare that the information recorded in this log is true and correct. These records represent the actual hours worked from home and the actual expenses incurred for business purposes during the financial year stated above.

Signature: __________________________ Date: __________________________