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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. ....

Edward Rajaratnam , Gerry Vittoratos , Canada Revenue Agency , எட்வர்ட் ராஜரத்தினம் ,

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

Ottawa 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 federal government announced a new temporary flat rate method last […] ....

Edward Rajaratnam , Craig Wong , Gerry Vittoratos , Canada Revenue Agency , Canadian Press , எட்வர்ட் ராஜரத்தினம் , கிரேக் வோங் , கனடியன் ப்ரெஸ் ,

Detailed vs. flat rate: New way to claim work-from-home costs - Business News

Detailed vs. flat rate: New way to claim work-from-home costs - Business News
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Edward Rajaratnam , Gerry Vittoratos , Canada Revenue Agency , எட்வர்ட் ராஜரத்தினம் ,

Tips for taxpayers with repaid CERB error on tax slips

Anita BalakrishnanCanadian Press
When the Covid-19 pandemic closed schools last spring, crosswalk guard and recent graduate Danny Thomson was encouraged by the Ottawa Safety Council to apply for the new Covid-19 emergency benefits.
But even though Thomson returned $3,000 in Canada Emergency Response Benefits last year after he realized he was ineligible, their tax slip from the Canada Revenue Agency says $2,000 has not been repaid. The amount is considered taxable income for 2020.
The Canada Revenue Agency (CRA) confirmed this week that some taxpayers who repaid Covid-19 related benefits in 2020 have received incorrect tax slips that wrongly list portions of the repaid benefits as taxable income. ....

Edward Rajaratnam , Employment Insurance Or Service Canada , Canada Revenue Agency , Employment Insurance , Service Canada , எட்வர்ட் ராஜரத்தினம் , வேலைவாய்ப்பு காப்பீடு அல்லது சேவை கனடா , வேலைவாய்ப்பு காப்பீடு , சேவை கனடா ,

Detailed vs. flat rate: A new way to claim work-from-home costs

Detailed vs. flat rate: A new way to claim work-from-home costs
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Edward Rajaratnam , Gerry Vittoratos , Canada Revenue Agency , எட்வர்ட் ராஜரத்தினம் ,