Hundreds of thousands of Canadian employees are working from home as a result of COVID19. Both the Canada Revenue Agency and Revenu Quebec have announced a temporary simplified method for claiming a deduction for work-from-home expenses for the 2020 tax year. This method will permit an employee to claim up to $400 without the need to maintain detailed receipts or obtain a signed employer declaration.
There may also be some instances where an employee could be entitled to a greater deduction based on documented receipts. This would require a signed declaration from the employer and a new T2200S form has been designed to validate the requirement for the employee to work from home as a result of the pandemic.
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This webinar will address the following:
- Employee eligibility to claim the simplified method
- How much an employee can claim using the simplified method
- Employer’s responsibility if an employee requests a T2200S form
- A review of the new T2200S form
- Examples of simplified claim amounts compared to detailed claims based on receipts
This webinar will be facilitated by Payroll Compliance Advisors from the Compliance Services and Programs department at the Canadian Payroll Association. It will include a 60 minute presentation and a 30 minute session to answer pre-submitted questions.
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