Is my home office tax-deductible in Canada?

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Is my home office tax-deductible?

Rounding it up

  • Today, more Canadians are working from home than ever before and spending money on home offices that they could potentially deduct on their tax returns.

  • There are different regulations around deducting home office expenses for business owners and salaried or commission employees.

  • If you work from home most of the time, you could deduct a portion of your utilities, repairs, and even rent as WFH expenses .

  • Tax laws are always changing so it’s important to keep up with the Canadian Revenue Agency or work with a professional to maximize your deductions.

7 min read

Ally Streelman
#tax#work from home#WFH#deductible

Ally Streelman

Ally Streelman is a storyteller whose work spans money, wellness, travel, and more with the chief goal of empowering readers. When she’s not stringing together sentences, you can find her immersed in a new city, cookbook, or novel or encouraging women to take hold of their financial journey.

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