Detailed vs. flat rate: New way to claim work from home cost

Detailed vs. flat rate: New way to claim work from home costs gives workers options


The federal government has come up with a simpler way to claim expenses for that spare room or corner that became a makeshift office last spring when pandemic lockdowns went into effect across the country.
In addition to the detailed method for claiming home office costs, the Liberals announced a new temporary flat rate method last year with the specific aim of making taxes a little easier in these trying times.
Experts say the new flat rate method is quick and easy, but using the detailed method may yield a better outcome, depending on your circumstances, and it is worth checking out both ways to make sure you're getting the best deal.

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