Home office expenses are tax-deductible in many jurisdictions, but only if you can document them. This log captures every expense with the details your accountant needs.
What’s Inside
- 30-row expense log: date, description, category, amount, payment method, business %
- Category list: equipment, furniture, internet, software, supplies, repairs, other
- Monthly subtotal row and running annual total
- Tax note section for jurisdiction-specific rules and reminders
Print tip: Works on standard letter (8.5×11″) or A4 paper. Print at 100% scale with no page scaling. Designed to be printed and filled in by hand.
How to Use This Template
- Log each expense immediately, not at the end of the month. Memory fades and receipts get lost. A two-minute entry saves an hour of reconstruction later.
- Note the business-use percentage for shared items. Your internet at 80% business use has a different deductible amount than at 50%. Record your estimate at the time of payment.
- Keep all receipts in a labelled folder sorted by month. The log is your summary; the receipts are your proof. Tax authorities accept the summary only when receipts are available to back it up.
- Review the log with your accountant before filing, not after. Categories that seem correct to you may not align with your jurisdiction’s deduction rules.
Frequently Asked Questions
What home office expenses are typically deductible?
This varies by country and employment status. Common deductions include a portion of internet costs, office furniture and equipment, supplies, and software. Consult a tax professional for your specific situation.
Do I need to keep receipts as well as this log?
Yes. The log is a summary; receipts are evidence. If audited, you will need both. Photograph each receipt and store it in a cloud folder labelled by month and year.
What does ‘business %’ mean?
The percentage of a shared expense used for business rather than personal purposes. If you use your internet 70% for work and 30% personally, your deductible portion is 70% of the monthly bill.
Is this log free?
Yes, completely free. No email required. Print one sheet per month.