FINP085 The hidden risks of working from home (543 words)

Working from home offers flexibility, but it can also create unexpected financial, tax and career consequences. This article explores the hidden risks of remote work and the steps you can take to protect your long-term financial wellbeing.

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Working From Home (WFH) has been around for years. Since the COVID Pandemic, though, Australian organisations have embraced it to reduce expenses and offer employees a true work-life balance.

For workers, there are costs associated with WFH, like increased utilities usage and internet upgrades, often outweighed by the benefits.

But what about the not-so-obvious consequences? Those quiet, often intangible impacts?

Here are a number of hidden WFH traps that could potentially shape your career or long-term financial position.