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Simple Operating Solutions
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Employment

Step 1 of 4

25%
  • DD slash MM slash YYYY
  • MM slash DD slash YYYY
  • If new vehicle purchased:
  • You should have an auto log available including total KM for the year and the KM driven for business related activities should CRA request it. SOS is not responsible if the amounts on the log differ from what is provided.
  • Office and Home Expenses

  • **You should be able to provide total square footage and the square footage designated solely for work related purposes. If the space is not dedicated, reduce by time of use (hours/day vs days/year used for work related activities).
  • Accepted file types: pdf, Max. file size: 32 MB.
  • MM slash DD slash YYYY
  • MM slash DD slash YYYY
  • Income

  • Expenses: Show Totals for the year or the period of employment.
    Leave Unrelated Areas Blank. If you can’t find a category or your expense write the expense in the “Other” Column

    .
  • (Must either be taking a client or away for more than 12 hours. No personal meals)
  • Specify Expense Item and Cost - one per line
  • Commission Employees Only

  • Auto Expenses: If your T2200 stated that you may use your vehicle for your employment purposes fill out the following. You must complete a schedule for EACH vehicle used

  • MM slash DD slash YYYY
  • MM slash DD slash YYYY
  • **You should have an auto log available including total KM for the year and the KM driven for work related activities should CRA request it.

    Expenses for Vehicle: List 100 % amounts for the whole Year

  • Enter the Item Name and Expense - one item per line
  • Home Office: If your T2200 stated that you may utilize a designated space in your home as an office space for employment purposes and that you perform at least 50% or more of your duties in this space, you may claim a portion of your home.

  • If the space isn’t used EXCLUSIVELY for work indicate the work related amounts for the following

  • **You should be able to provide total square footage and the square footage designated solely for work related purposes. If the space is not dedicated, reduce by time of use (hours/day vs days/year used for work related activities)

    Expenses for home: List 100 % amounts for the whole Year

  • Specify each item and expense - one per line
  • INCOME

    Only include income relating to this business/source of self-employment
  • EXPENSES - Show Annual Totals. Leave unrelated areas blank.

    **Only break out the taxes if you are GST/HST registered. See Guide for more info.

    Purchases of Items for Re-sale, Material

  • Subcontractors (HST Registered)

  • Subcontractors (Not HST Registered)

  • Closing Inventory (At your cost for the items)

  • Advertisement & Promotion

  • Meals & Entertainment (Client/work related only, no personal unless away for more than 12 hours)

  • Insurance (Business Only)

  • Bank Charges on Business Accounts & Interest on Business Credit Cards & Loans

  • Business Fees & Licenses

  • Office Expenses

  • Supplies & Small Tools (Value of $200 or less each)

  • Legal, Accounting & Professional Fees

  • Management & Administration Fees

  • Rent of Business/Storage/Equipment (not home)

  • Maintenance and Repairs (Except Vehicle)

  • Salaries & Wages through CRA Payroll(incl WSIB)

  • Travel – Hotel & Air (not vehicle)

  • Telephone & Cell (No Home Phone)

  • Delivery and Freight Expenses

  • Small Tools (Value $200 - $500 per item)

  • Specify Price Excluding Taxes | Taxes** | Total
  • Capital Purchases: Items with a value of more than $500 should be listed separately.

  • Item | Price Excluding Taxes | Taxes** | Total
  • You must fill a separate schedule out for EACH vehicle used.

  • MM slash DD slash YYYY
  • MM slash DD slash YYYY
  • **You should have an auto log available including total KM for the year and the KM driven for business related activities should CRA request it.
  • MM slash DD slash YYYY
  • **You should have an auto log available including total KM for the year and the KM driven for business related activities should CRA request it.
  • Gas - Vehicle 1

  • Insurance - Vehicle 1

  • License and Plates - Vehicle 1

  • Repairs and Maintenance - Vehicle 1

  • Parking and Tolls - Vehicle 1

  • Interest on Loans (if you own vehicle) - Vehicle 1

  • Lease Payments (If Leasing) - Vehicle 1

  • Expenses for Vehicle 2: List 100 % amounts for the whole Year

  • Gas - Vehicle 2

  • Insurance

  • Taxes

  • Total

  • License and Plates

  • Repairs and Maintenance

  • Parking and Tolls

  • Interest on Loans (If you own vehicle)

  • Lease Payments (If Leasing)

  • Home Office: If you utilize a designated space in your home for use in your business

    **You should be able to provide total square footage and the square footage designated solely for work related purposes. If the space is not dedicated, reduce by time of use (hours/day vs days/year used for work related activities)
  • Expenses for home: List 100 % amounts for the whole Year

    Heat

  • Electricity

  • House Insurance

  • Maintenance

  • Mortgage Interest ONLY

  • Rent

  • Water Heater Rental

  • Other

  • Menu
  • Home
  • About
    • Service Areas
    • Prices
    • Privacy Policy
  • Corporate Tax
  • Personal Tax
  • Tax Services
    • Bookkeeping
    • Unpaid Back Taxes
    • Non-Filed Tax Returns
  • Online Forms
  • Contact Us

Hours:

MON-FRI: 9:30AM - 9:00PM
SAT: 9:30AM - 5:00PM
SUN: 12:00PM - 5:00PM

Contact Us

Cambridge, ON N1S 2C3

(519) 624-8375

sandra.tone@simpleoperatingsolutions.com