Eligible expenses for both types of employees:
• Travel expenses (includes lodging, meals, transportation) if not already reimbursed by employer.
• Parking
• Office supplies
• Telephone and Internet
• Other work supplies as applicable.
• Motor vehicle expenses (if applicable): Please keep a km log. Driving to and from your home to the office is not an eligible expense. Km’s will be reimbursed at the CRA rate of $0.68/km for the first 5,000 km’s then $0.62/km after that.
• Workspace in the home expenses: We will need the square footage of the office in the home as well as the total square footage of the house. Eligible expenses for the home office are as follows: Electricity, Heat, Water, Repair and Maintenance.
Eligible expenses for commission-paid employees only:
• Accounting and legal fees
• Advertising and promotion
• Meals and Entertainment
• Licenses
• Training courses
• Additional workspace in the home expenses include: Home insurance and property taxes
For the 2023 taxation year, Km’s will be reimbursed at the CRA rate of $0.68/km for the first 5,000 km’s then $0.62/km after that.