Canada Revenue Agency: How 2021 Income Tax Brackets Will Impact Your Tax Bill

Author: External Author | Mar 31, 2021 | Categories: Accounts Payable , Accounts Receivable

If you are using Temporary flat rate method , you do not need to determine your expenses to calculate your claim for home office expenses in 2020.

The temporary flat rate method is used to claim home office expenses that you paid like rent, electricity and home internet access fees, as well as office supplies like pens and paper, and cell phone minutes.

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Original Article Source Credits: Canada.ca , https://www.canada.ca/

Article Written By: NA

Original Article Posted on: 2021-03-03

Link to Original Article: https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/deductions-credits-expenses/line-229-other-employment-expenses/work-space-home-expenses/expenses-can-claim.html