'While tradespeople can’t deduct from their taxes an average of $4,000 for relocation expenses under the Income Tax Act, other professionals can, such as accountants and salespeople working at the same job site.'
While many are eagerly awaiting a nice gift this holiday season, skilled tradespeople have one thing atop their lists: treatment under the Income Tax Act that’s equal to that of other professionals.
Relocation to job sites is a fact of life in construction trades. Yet, for some reason, the Income Tax Act punishes those who have to travel to get this country built while it helps others.
While tradespeople can’t deduct from their taxes an average of $4,000 for relocation expenses under the Income Tax Act, other professionals can, such as accountants and salespeople working at the same job site.