An artist may claim the lesser of:
- Expenses actually paid in 2000; and
- The lesser of:
- $1,000; and
- 20% of employment income earned from artistic endeavours;
minus: the costs related to a musical instrument, interest on a motor vehicle and the CCA on a motor vehicle that have been claimed against employment income earned from an artistic endeavour.
Expenses Related to a Musical Instrument
As a salaried musician, the employer may require that the artist supply his own musical instrument. In this case, you may claim the expenses related to the musical instrument that the artist incurred. The expenses related to the musical instrument include the GST and provincial sales tax or the HST paid for these expenses.
The following expenses may be claimed for the musical instrument:
- maintenance fees;
- rental fees;
- insurance fees;
- capital cost allowance (if the instrument belongs to the taxpayer).
However, the amount claimed cannot exceed the income for the year from employment as a musician determined once all other employment expenses, other than expenses related to a musical instrument, have been claimed.
TP-78 - Employment Expenses of Forestry Workers
Employees working in forestry operations may deduct the expenses he incurred to operate chain saw or bush cutter (the latter must have been used on a regular and continuous basis), provided he meets all the following conditions:
- His employment contract required that he provides a chain saw or bush cutter.
- His employment contract required that he pays the expenses in respect of the chain saw or bush cutter.
- The expenses were not reimbursed to him and do not entitled him to a reimbursement.
The purchase price of the power saw may be claimed in the year of purchase. However, any trade-in value or any amount received from the sale of a power saw in the year must be deducted from the purchase price of the new saw. As well as, snowmobile or all-terrain-vehicle (ATV) expenses.
TP-75.2 - Employment Expenses of Salaried Tradespeople
For 2002 and following years, an employee with an apprentice’s card from the Automobile Parity Committee or who is an apprentice mechanic, apprentice painter, apprentice body worker may deduct from his employment income as an apprentice mechanic registered with a provincial or territorial body in a program leading to designation as a mechanic licensed to repair automobiles, aircraft, or any other self-propelled motorized vehicles the "deductible cost of the tools."
In summary, the "deductible cost of tools" corresponds to the total cost of the tools and ancillary material less the greater of $1,630 and 5% of the apprenticeship income for the year.
Tradesperson’s tool expenses – Up to $500 of the cost of eligible new tools in excess of $1,130 that you acquire as an employee may be deductible. Your employer must certify that you require these tools for use in your employment as a tradesperson.
See Also