Taxes have always been a pain. We are bound to pay taxes on our hard-earned money, but what if you were asked to pay extra tax because you worked from home during a pandemic. Obviously, it was not your choice, but you had to stop going out for the fear of Covid-19, and companies allowed everyone to work from home.

The proposal of imposing a 5% tax on employees working from home is making rounds!

Deutsche Bank proposed to tax 5% daily tax on all employees working from home. So 5% daily work from home tax?

Grounds for suggesting 5% daily work from home tax?

They said it’s justified since those working from home end up saving lots of money which they would have spent otherwise. Like transportation, laundry, food, expenses, while getting quality time with their family.

• Restructure economy post Covid-19
• Will help in balancing the economy through allocating funds from benefitted employees during the pandemic, to those who suffered job losses and no work from home options
• Will financially strengthen the economy

Why was Work from Home Tax not justified and faced Criticism?

This faced lot of criticism from everyone. This suggestion was counter with the arguments as there was an increase in various other costs for employees working from home. Some of them were

• High internet costs,
• Purchasing furniture like chairs & tables
• Installing power backups at their house,
• Those with kids had a tough time swapping roles

The benefits and losses had overweighed each other. It’s difficult to say that those working from home really benefitted or suffered losses financially, physically, or emotionally.

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