From The: Institute of ‘Char-
. tered Accountants of British
Columbia

‘The expenses that may be
deducted by. individuals ‘in -
computing net ‘‘employment
income’’ are prescribed by |
statute and may be broadly
divided into those of general
- application and those applic-
able to specific employment.

_. Three per cent of salary or

wages, tips, adult training
allowances and research
grants (not directors’ fees) to
a maximum of $150 may be ©
deducted. However, if a
taxpayer claims any sales-
man’s expenses this deduc-
tion is not available. |

Legal fees paid during the

year to collect salary or
wages from an employer or

former employer are allow- ©

ed. It matters not when your
lawyer billed you -- only

when you paid, his bill.

(Perhaps the bili shouid be.
settled in a high salary year.) |

A salesman who pays. his
own expenses, works away
from his’ employers’ estab-
~ lishment, is paid commis-"
‘sions and did not receive a ©

‘‘tax-exempt”” allowance,. .

may deduct business expen=' -

ses. But, he cannot claim
~ more than the commissions

---- Shown on: Box “Le of his. T4-

slip. oe ,

‘Promotion and entertain-:

meni expenses are i cluded
in the expenses a salesman -
may deduct. The .e expenses
‘must be ‘reasonable and -
pertain only to the income
reported. Vouchers or re-.

wn ew rr

Revenue Canada.

Carn a Be

reintc may. he requested | by :

Travel expenses neces-
sarily paid personally by
other employees may also be.
deducted, provided the em-
ployee did not. receive a
“‘tax-exempt’’ allowance
from his employer and
worked away from his
employer’ s place of busi-
ness.

~ Again, - these expenses
- should be. reasonable and
receipts should be kept to’
_ substantiate them. However,
meal costs may not be.
deducted unless the meals

were cons sumed while the ©

employee was away for at

least 12 hours from the

vicinity of his employer's
place of business. .

é

fully in the French culture of
-La’ Belle Province, while

-retaining. their’ basic Jan-~.;

‘ puage rights:as guaranteed’
to, minorities throughout, the.
. country. | |

\

_-kers. to immerse themselves

if ‘‘travel’’ expenses are

deductible the ‘‘business
portion’’ of interest: paid to

buy a.car and depreciation :

(capital cost allowance) is.

also an allowable deduction. --

This. © ‘‘business _ portion’’

should be calculated by —
‘pro-rating the miles driven in _
the year between business —
and personal use.

iS

atin?

MEMBERSHIP DU

AY ant OV caer an sae

Annual | membership dues"

are deductible only if paid by.

the employee to maintain.

RS aE oe ee ee re

pi TOlessiGhai

sean eos sears aie

Status x CUGBZiiiz-

ed in law. For exemple, fees

.. paid by a lawyer to- his
professional association are
payments

deductible but
made to the Canadian Bar
Association are not deduct-
ible. Similarly, .‘‘entrance’’

fees. paid to professional’
- associations are not deduct- -
ible as they are not annual.

payments... as

~

_Away-from -home

es of certain

exnens-

oer wae

transport

employees are also deduct-
ible. Airline, railway, bus -

and truck employces regulai-

ly Fequired to travel away _.

m may _
deduct reasonable non-reim- -
~bursed ‘expenses for. meals’

‘“Shome_ base’’ _

and yoaeings * while they are
-away..

Railway employees such as:

‘relieving telegraphers, sta-
tion agents: or maintenance

and repair. workers may.
‘deduct’ -meais and lodging.
cost while working away, but.
other railway employees may

oe ae

ah. —
Sw VE Uhawuwee Caponscs. oly

while away from ‘‘home
base” and their house.

No. other expense “may be .

specifically deducted . from

employment income. How- ..
ever, all individuals may —
- deduct within limits RRSP.

contributions, tuition fees,
alimony, medical expeiises,

donations, registered home- 7

owner savings plan contribu:
tions,. moving . expenses,

"$1,000 of net capital losses,

chiid care expenses and

personal exemptions.

UNION DUES.

Annual union dues. paid to,

a Canadian or provincial

trade union or public ser-_
_vant’s association are also -
: deductible. |

Payments
office rent; an assistant and

supplies are deductibie if the 7

employee is required to pay
for these items under the.
terms. of his contract.

shared outlook-—not tw

‘different outlooks—-wherever a

people, make ‘their home
togethers. 7 .

4

7 slip: unemployment = insut-.
ance premiums in Box ‘E’,.-

for

“Unity, after all, means one mE

Other . deductions - ;
shown on the employee’ s T4-

employee’s contributions to
the Canada and Quebec

Pension. Plans in-Box ‘D’,

and contributions paid by the

I Mineral. Su

[| ed; heavy weight
‘| rolled roofing. 3°
- Steck ~- colours.

TAN an ft enuar.
1 wee wege tte www :

age. :

| 56 Blick
Medion a

| Rolled Roof ing

Fibreg lass

RIO Friction
Fit Fibreglass

[ Batts.t 05sq fi

are =

RY -24"u15""

“RT 21 " eg by 15"" wide rolls.
Paper backed with fold. out
stapling tabs. Covers 100 sq. me 7

me

ex centre |
i Foll at Marine Drive, . :
North Vancouver

“NOW OPEN. |
_ SUNDAYS 10-4

employee to private ‘register--. .
-ed pension ‘plans in Box ‘f |
- up te a: maximum. of. $3,500-

for current service contribu-
tions (i.e. while. he was. a

_ contributor). .

Special treatment i is ‘given
to certain groups.

‘tin stock’’

‘together,

mental oat ict

Soane
etd

194 LEe.

541 51 LBD

Brown :
‘Switch

For instance, a ‘teacher’ Ss: or
“contgibution to an: exchange 5
fund for the benefit of other —

‘teachers in certain countries

may be deducted up to a

maximum of $250. A clergy-

-man or member of a religious

' colours. -
applied adhesive bonds shingles
designed |
- where wind is a factor. 3 bundles
per square. 100 sq. ft. coverage.

“Assembled in. minutes. There’ sno.
1 7 Slesiv swear: au ustmonts + Ww. TERS | ee 7
niua | in ‘Grass canselty | om

rips, . ‘crosscuts and. mitres. Includ- |
--@8. stand, - motor,
7 mitre gauge and opfinter: guard.

Sturdy 7 wide x 30"?
tong steel! organizer!
shelf with heavy duty
. Moulded supporis.

Hectricel Supplies
Switch Bex.

Brown Switch 39%.

Factory

for areas.

‘concrate.

“fence guide,

ave re .
a A TC ne

rag

— BFK.

_355,

Por value: ae accommodation,

Great value. on.
80. Ib. bags of
Lafarge regular.
cement for handy-
_man or contractor.

"Projects. JUST ADD. WATER. |

| rejuvenates your .
| driveway in looks and
{seals hairline cracks.
| Easy to apply. Asphalt
base. 5 5 Gallons.

Decorator
Serecn
‘Biocks
18 x18 —
Decorator
Patio Stones

24x24.
‘Decorator |
{ Patio Stones

provided the ‘deduction does"

‘not exceed his income from =

this vocation. He may also
deduct the value of accom-
modation asa benefit in his.

_ income from employment.

ee
we Simixcd

handyman

“for ‘gmel!

WESTVIEW\O

2RD TRARRGWE

ve ay MANE OF.
VANCOU