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Canada Revenue Agency issues guidance on employee home office expenses and Form T2200

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Canada

Executive summary

On 15 December 2020, the Canada Revenue Agency (CRA) released detailed guidance on the home office expense deduction that employees can claim on their 2020 personal income tax return. For 2020, there will be two alternate methods by which employees may be able to claim home office expenses:

  • The new “temporary flat rate method,” which provides a deduction of CA$21 per workday a…

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