Effective Crisis Management Strategies for Businesses
In an unpredictable world, effective crisis management is essential for businesses looking to navigate challenges […]
If you were a salaried employee or an employee who earned commissions in the year, you can deduct certain expenses that you were required to pay under the terms of your employment contract. Complete form TP-59-V, Employment Expenses of Salaried Employees and Employees Who Earn Commissions, and enclose it with your income tax return. Your employer must complete and sign form TP-64.3-V, General Employment Conditions.
You can no longer claim a deduction for expenses related to working remotely because of the COVID-19 pandemic. The deduction was a temporary measure for 2020 to 2022 that let you claim $2 for each day you worked from home, to a maximum of $500.
For more information: Expenses Related to Working Remotely Because of the COVID-19 Pandemic (TP-59.S-V)
Source Link Revenu Québec – News
Accounting and Financial News via Acco
Instead of completing the paper form, use the online service for applying for the shelter […]
Issue 2017-03 of the Businesses – Tax information newsletter is now available. Source Link Businesses – […]
If you hold more than ten unclaimed financial assets that you must remit to us […]