Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Employee Tools Deductions TaxTips.ca
Canadian Tax and
Financial Information

If you use an ad blocker, please consider a small contribution to help keep TaxTips.ca free for everyone.

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!
Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Financial Freedom
Financial Planning
RRSP RRIF TFSA
Real Estate
Investing
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Prov/Terr Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources
Personal Tax
Filing Your Return
  ->  Employment Expenses -> Employee Tools Deductions

Tools Deductions for Employees

Income Tax Act s. 8(1)(s), 8(1)(r)

Employed Tradesperson's Tools Deduction

A deduction may be available for tools purchased in the taxation year,  in order to earn employment income as a tradesperson (e.g. hairdresser, cook, plumber, electrician, mechanic, apprentice tradesperson, etc.).

Employed Apprentice Mechanic's Tools Deduction

If you are an eligible apprentice mechanic, you must first calculate the tradesperson's tools deduction, if any, for which you qualify.  Then, calculate the employed apprentice mechanic's tools deduction to determine if this claim can also be made.

Gain on Disposal of Employee Tools

When tools for which a deduction was previously claimed are disposed of, any gain from the disposal must be included in income on line 130 of the tax return.

Employee Tools Deduction Calculator

Let our calculator do the work for you.

Line 22900 employment expenses can be entered in the "other deductions" line of the Canadian Tax and RRSP Savings Calculator.

GST/HST Included in Tool Costs

The tool costs will include any GST/HST or provincial sales taxes incurred.  You may be eligible for a refund of the GST/HST included in the costs.  See Employee and Partner GST/HST rebate on the GST/HST page.

Canada Revenue Agency (CRA) Resources

Line 22900 Other Employment Expenses

T4044 Employment Expenses

Form T777 Statement of Employment Expenses

Revised: November 28, 2021

 

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.