You are using an outdated browser.

This website is not compatible with your web browser.

Please upgrade your browser or activate Google Chrome Frame to improve your experience.

New Temporary Flat Rate Method for Claiming the Home Office Expenses Deduction Introduced by the CRA

With more and more Canadians working from home due to the COVID-19 pandemic, the Canada Revenue Agency (CRA) has simplified the way employees can claim the home office expenses deduction on their personal tax return for the 2020 tax year by way of a new temporary flat rate method. Employees with larger claims for their home office can still utilize the detailed method to calculate their home office expenses deduction.

CONTINUE READING POST –>

ArchivesArchivées

Proud member of: