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Employed Tradespeople & Apprentice Mechanics Tax Deduction for Tools

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Employed Tradespeople & Apprentice Mechanics Tax Deduction for Tools

You may be able to deduct up to $500 for the cost of eligible tools you bought in 2016 to earn employment income as a tradesperson.  The cost includes GST and PST paid. 

An eligible tool is a tool (including associated equipment such as a toolbox) that:

  • you bought to use in your job and was not used for any purpose before you bought it;
  • your employer has certified as being necessary for you to provide as a condition of , and for use in, your job as a tradesperson; and
  • is not an electronic communication device (i.e. cell phone) or electronic data processing equipment (unless the device can be used only for the purpose of measuring, locating or calculating).

    Your employer must complete and sign Form T2200 Declaration of Conditions of Employment