As from the 2018 tax year, there were changes made to the laws in the US relating to certain job-related expenses. Some of them are no longer deductible. Employees who work from home are growing in numbers and in many cases, there are some deductions they can still make. From a business point of view, it can be a cheaper option to have staff work from their own home rather than renting an office for them. Technology has made it possible for this to happen, so what things are there that they can still claim tax relief for?
In today’s world of modern technology, there is an increasing number of ways to make money online – meaning you can work from the comfort of your own home, or anywhere in the world you choose.
The benefits of working home are substantial, for one, you can spend more time with your family or if we flip that on its head, you can make an income from home whilst looking after your family which you might not otherwise be able to do as a result of childcare responsibilities.