New Credits for Tax Season 2021

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• Home Office Expenses: If you worked more than 50% of the time from home for a period of at least four consecutive weeks in 2020, you may be eligible to claim a deduction for home office expenses in the 2020 tax year.
• Canada training credit: If you were at least 26 and less than 66 years old at the end of 2020 and you have a Canada training credit limit for 2020 on your latest notice of assessment or reassessment for 2019, you may be eligible to claim this refundable tax credit for up to half of your eligible tuition and other fees paid to an eligible educational institution in Canada for courses you took in 2020, or fees you paid to certain bodies for an occupational, trade or professional examination taken in 2020.
• Digital news subscription tax credit: For the 2020 to 2024 tax years, you may be able to claim a non-refundable tax credit if you paid for a qualifying digital news subscription with a qualified Canadian journalism organization.
• Canadian journalism labour tax credit: For 2019 and later tax years, if you are a qualifying member of a partnership, you may be able to claim this new, refundable credit. The partnership must be a qualifying journalism organization and must allocate the credit to your client.
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