Found 1 blog entry tagged as home working tax.

With the rapid spike in the number of Canadians working from home due to the COVID-19 pandemic, there’s a good chance you are among those who adopted a home office over the past couple of years. In doing so, you have also likely taken advantage or at least heard of the work-from-home tax credits available.

Changes to the Work-From-Home Tax Credits Due to COVID-19

Tax credits have been available for many years for Canadians working from home, either as a self-employed or remote-based employee. However, the Canadian government has made several changes to them over the past couple of years due to the rise of COVID-19 in 2020.

First and foremost was introducing the flat rate method for the 2021 tax season. This allowed anyone who worked more than…

1499 Views, 0 Comments