Is rent tax deductible?

It depends. Rent can be deductible for business premises, or partially deductible when you have a qualifying home office. Personal living rent is not deductible on its own.

On this page: Short answer · Who this applies to · When rent is deductible · When rent is not deductible · Example · Records · Related · FAQ

Short answer

Depends. Rent may be tax deductible when it’s paid for business premises, or when you allocate a portion of rent to a qualifying home office (subject to current rules).

Personal living rent is not deductible by itself.

Who this typically applies to

Employees working from home may be limited depending on current rules and reimbursements.

When rent is more likely deductible

When rent is not deductible (or risky)

Example: allocating rent for a home office

If you have a qualifying home office, you may allocate rent using a reasonable method (often based on square footage).

Example

  • Monthly rent: $2,000
  • Home size: 1,000 sq ft
  • Dedicated office: 100 sq ft (10%)
  • Potential rent share: $200/month (subject to current rules)

Keep your measurement method consistent and document the business use of the space.

What records to keep

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If you allocate rent and other home office costs, using accounting software like Xero can help track categories and store supporting documents.

FAQ

Is rent tax deductible?

It depends. Rent may be deductible for business premises, or partially deductible when you allocate a portion to a qualifying home office, subject to current rules.

Can I deduct rent if I work from home?

Sometimes. If you have a qualifying home office, you may be able to deduct a portion of rent based on a reasonable allocation method.

Is personal rent deductible?

No. Personal living rent is not deductible by itself. Only the business-use portion may qualify under certain circumstances.

Looking for other deductible expenses? See the full Expense Deductibility Guide.

Last reviewed: January 2026