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T2200 Declarations of Conditions of Employment
Deductible employment expenses
If you are an employee and you are required to incur and pay for
personally in relation to their employment contract, then you are
eligible for some tax deductions on your tax returns.
What you need to Do:
An employee claiming a deduction for employment expenditures on
their annual personal income tax return must file Form T2200 with
their income tax return. The majority of the form must be completed
and signed by an authorized representative of the employer.
ALLOWABLE EMPLOYMENT EXPENDITURES:
1. office-at-home expenses
2. supplies consumed
3. salary to an assistant or substitute
4. travel expenses
These expenses are deductible if the following conditions are met:
a) the taxpayer is required by the contract of employment to pay for
such expenses; and
b) the taxpayer has not been reimbursed and is not entitled to
reimbursement for such expenses; and
c) the expenses are directly applicable to the earning of income
from employment; and
d) in the case of supplies, they have been consumed directly in the
performance of the duties of employment.
Employee/Taxpayers should be aware
that proper support for the expenses claimed must be retained and
detailed records maintained (e.g. invoices, receipts, bank
statements). The total deduction must be reasonable and supportable.
For a T2200 form, click here.
Reference: Interpretation Bulletin
IT-352R2 Employment Expenses |
