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Tax Benefits: A benefit of a Working from home
It has long been known that there are serious benefits financially when you own your own business especially if you run it from home.
With so many people setting up new careers and working from home it is good to get an understanding of some of the benefits that you should talk to your accountant about to see what you can do to maximize your income.
Remember it is not what you earn but what you keep that counts.
More and more people are moving to the work from home model because of one simple reason and it is very simple, the average income of people who are working from home is ,000 per year. Now that is double what you would earn if you were working for someone else.
Some of the great benefits, and again you should speak to your accountant to make sure they will work for you, are:
Your initial investment once you start to build your business is a tax deduction
A percentage of your phone bills both cell and land line
Computers and computer programs and accessories
Cars, Fuel and Maintenance. Most times you will need to carry and work off a log book.
Percentage of home utilities
Depending on your state or country mortgage and rent repayments
Product that is purchased on a monthly basis
A percentage of International and National trips if work is included.
So as you can see these are only some of the great benefits that you do not receive if you worked for someone else.
It is easy to understand why more and more people are taking a serious look and making the decision to change.
James & Kasey Hannan
+61 7 5657 2280
About the Author: James & Kasey Hannan are the owners of http://www.workfromhomeaustralia.com and are Home Based Business experts.
They have helped thousands of people around the world start and grow successful businesses while working from home.
James & Kasey went from earning a tiny 0 per week for them and their two children to building a business that now turns over 0,000 per month and gives them a residual income that most people would admire.
They are passionate about their family, their team and this business.
They invite any person wanting to work from home and start a new career to visit them at http://www.workfromhomeaustralia.com