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If your contract of employment requires to use your home space for your employment purposes, then you may be eligible to claim certain home expenses which are directly related to your work. You can claim such home office expenses as a deduction from Payroll income to the extent the same is not reimbursed by your employer.
This article is of a general nature only and is not exhaustive of all possible legal rights or remedies. In addition, laws may change over time and should be interpreted only in the context of particular circumstances such that these materials are not intended to be relied upon or taken as legal advice or opinion.
Moving Expenses is one of such expenditure which helps the taxpayers to reduce their ‘Total Income’ in their T1 Income Tax Return, that leads to lowering their ultimate income tax payment. However, to be eligible for the deduction of this expenditure it is very important that the taxpayer must comply the following conditions.
