With the significant increase in employees working from home in 2020, there were a few new options made available to Canadians to claim some of their home expenses on their income tax returns including a $2/day flat rate claim for home office use. This flat rate option is no longer available for the 2023 and following tax years, so any employees that continue to work from home are required to claim home office expenses based on actual receipts and area of their house used. Some other criteria to qualify for a home office claim includes using your home as your primary place of work (more than 50% of the time) for at least 4 consecutive weeks, or used it on a regular and ongoing basis for meeting with clients and customers. Complete form T777, or talk with your tax professional at TaxTeam, to calculate your available claim. You will also need a T2200 completed and signed by your employer.
