If you rent an office or business premises, you can claim the full cost as a business expense. That includes rent, rates, power, insurance, cleaning and maintenance costs.

Making your business premises claim is easy. Here’s the drill:

  1. Hit Minus
  2. Add a title & tap Category
  3. Scroll down to Office Premises
  4. Select the appropriate sub category 

Note: Business premise expenses are often regular payments. To save time, it’s a good idea to set these expenses to recur. Choose the frequency of the payment (daily, weekly, monthly) and how long it will repeat for. 

Note: You can’t claim expenses or allowances for the cost of buying business premises. 

For a full list of what you can and can’t claim, click here

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