Preparing your tax return? Here are the COVID-19 tax deductions you may not have heard about

The current financial year is the last in which employees can make use of a special working-from-home tax deduction. Photo: Getty

The clock is ticking towards the end of the financial year, which means it’s time to start preparing your tax return.

If you worked from home during last year’s lockdowns, the good news is the Australian Taxation Office has extended the shortcut method of claiming work-from-home costs until June 30, 2022.