What amount should clare claim as an allowable deduction


Question: Clare often works from home in her home office, even though she has an office with her employer. She incurred the following expenses in relation to her home: Mortgage interest totalling $2,950 Electricity totalling $1,370 Rates and taxes totalling $1,100 Clare has determined that her home office takes up 10% of her home. Based on the above facts and relevant tax laws, what amount should Clare claim as an allowable deduction in the CY? (select the best answer) $0 - these are private expenses $542 $110 $137

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Accounting Basics: What amount should clare claim as an allowable deduction
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