2020 Work Space in Home Deduction

Understanding that the COVID-19 pandemic has forced many employees to carry their work out from home, the liberals announced today that Canadian taxpayers working from home in 2020 may be able to deduct a $400 simplified home office deduction. This was much anticipated as the current legislation around work space in home expenses are difficult for the regular employee to qualify for. It was announced that more information will be released in the coming weeks. More information to be posted as it comes available.

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