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Thread: Any tax gurus on the forum?

  1. #11
    Join Date
    Sep 2016
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    Belleville, ON CANADA
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    Quote Originally Posted by 414Mhz View Post
    CRA allows a tradesman tool allowance of $500 yr (max)

    Link --> https://www.canada.ca/en/revenue-age...espersons.html
    Thanks for the link!

  2. #12
    Join Date
    Nov 2015
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    Canada
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    Quote Originally Posted by BMANN06 View Post
    Thanks for the link!
    YW

    To qualify for this deduction, your employer must certify (using form T2200) that you needed the tools for employment.

    ie, your employer has to confirm you need to buy some of your work tools.

    *edit* I'm not a tax guru, I'm just frugal

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