Call Us

905-624-4362

Call Us

905-856-6085

What’s Deductible?

Home Office Expenses and Vehicle Expenses

(Note)- An Employee may also Claim Vehicle Expenses and Work Space in the Home. If he is required to use his vehicle and home for work business purposes. Have your Employer signed Form T2200 -Declaration and Conditions of Employment.

Particular

Employee

Commissioned Sales Person

Self-Employed

Rent

             x

x

x

Utilities

             x

x

x

Repairs & Maintenance  

             x

x

x

Telephone

             x

x

x

Supplies

             x

x

x

Home Insurance

      

x

x

Property Taxes

   

x

x

Mortgage Interest

       

 

x

Capital Cost Allowance

 

 

x

Vehicle – Gas

 

x

x

Vehicle- Repairs & Maintenance

 

x

x

Vehicle Lease Payments

 

x

x

Car Washes

 

x

x

Vehicle – Insurance

 

x

x

License & Registration

 

x

x

Interest Exp on money borrowed to purchase Vehicle

 

x

x

Parking

 

x

x

Accounting & Legal fee

 

x

x

Meals & Lodging

 

x

x

Salaries & Employee Benefits

 

 x

x

Insurance

 

x

x

Training costs

 

 x

x

Office Rent

 

x

x

Advertising & Promotions Costs

 

 x

x

Computer Expenses

 

 x

x

Traveling Expenses

 

x

x

Entertainment for Client

       

x

x

Tax Return Check Listslips

Receipts

(Note)- An Employee may also Claim Vehicle Expenses and Work Space in the Home. If he is required to use his vehicle and home for work business purposes. Have your Employer signed Form T2200 -Declaration and Conditions of Employment.

Most Common – Preparation Statement Forms

Scambellone Associates Inc.

Request A Consultation