Are you now teleworking? Did you know that you are entitled to deductions?
Dear Madam,
Sir,
As a result of the COVID-19 pandemic, the tax authorities have introduced a number of reliefs for home office expense claims for 2020. The tax authorities have streamlined the traditional calculation method (detailed method) and introduced a new calculation method (temporary fixed-rate method) to make this deduction more accessible. The purpose of this article is to give you a brief overview of the eligibility criteria and eligible expenses for each of these two methods. Please note that the federal and Quebec measures are harmonized.