Found 1 blog entry tagged as tax season.

As many Canadians continued to work from home in 2021 due to COVID-19 pandemic restrictions, this year’s tax season might be more complicated than usual. In some provinces, public health guidelines mandated all employees set up offices in their homes, and in others, the company you worked for determined who could do so. 

To compensate for the home office expenses they incurred, the Canada Revenue Agency (CRA) announced a new temporary flat rate method for the 2020 tax year, but some things have changed for 2021. It’s important to know what you can and cannot claim if you worked from home last year. Here are some guidelines for turning your pandemic work-from-home experience into a tax deduction on this year’s tax return.

What’s changed for…

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