From the Tax Office
Last modified: 28 May 2020
Specific measures and support are available for individuals impacted by COVID-19, including:
- early access to superannuation which is not assessable income
- the introduction of an optional simplified method (from 1 March 2020 to 30 June 2020) to claim 80 cents for each hour you work from home to cover all deductible running expenses
- specific advice on the tax treatment of employment payments made because of COVID-19 (for example, if you take leave, are stood down or lose your job)
- specific advice on the tax treatment of residential rental property income and expenses.