If you're a business owner working from home, there’s a good chance you’re leaving either money on the table by estimating home office expenses, or not getting value for money on the time you spend completing manual spreadsheets or forms for Home Office claims.
Claiming home office expenses is a legit way to reduce your tax and even get back some of the GST you pay on things like power, rent, internet and more. But for most busy business owners, working it all out at the end of the year feels like too much admin.
That’s where tools like Prosaic come in. Instead of digging through bank statements and or estimating how much of your power bill to claim, Prosaic uses AI to scan your personal bank and credit card transactions, helping you find and claim your eligible home office costs—fast.
Keen to Get This Set Up for Your Business?
Ready to make claiming home office expenses easier? You don’t need to wait until the end of the financial year to get sorted. If you're keen to get started now, sign up using our quick form and we’ll help you get Prosaic up and running. It’s simple, secure, and once it’s connected, your tax returns and GST claims just got a whole lot easier.
A Smarter Way to Claim (Without the Spreadsheets)
You’ll already know the types of home office costs you can claim on the business, things like rent, power, internet and insurance. The real challenge is getting that info out of your personal accounts and into your tax return without it becoming a weekend-long job.
Normally you'd need to review your bank account transactions, copy and pasting each month and dig up old receipts. This can seem like a lot to complete especially when you’re already working 60-hour weeks—apps like Prosaic can make the job way easier.
It links to your personal accounts, automatically finds expenses related to your home office, and helps prepare what you need for both your income tax return and your GST claims.
Set and Forget
Once Prosaic is set up, it stays connected to your bank account in the background. That means your accounting team can keep accessing your home office expenses going forward—without needing to chase you for receipts or manually dig through statements. For GST-registered businesses, this can even mean claiming relevant expenses in your GST returns automatically. Set it up once, and it keeps working for you.
Make It Count
Whether you're filing your own tax returns or working with us at Accountech, having clear records of your home office expenses can mean real savings at tax time. And with tools like Prosaic, claiming them doesn’t need to be hard work.
We’ve helped plenty of tradies and small business owners who thought this stuff was too much hassle. It’s not. You just need the right tools—and a bit of help to set them up. Sign up for Prosaic access here https://www.accountech.co.nz/prosaic-signup
Disclaimer: This blog post is for informational purposes only and should not be construed as professional advice. It is recommended to seek the advice of a qualified accountant or tax professional regarding your specific circumstances.