Employed tradespersons, including apprentice mechanics, may be able to claim deductions for eligible tools purchased for their work. These deductions apply to professionals such as electricians, plumbers, mechanics, cooks, and hairdressers. Keeping receipts is essential, as the total amount can include the HST paid on the tools.
Eligible tools must be purchased specifically for use in your trade and should not have been used for any purpose before the purchase. Employers must confirm that these tools are necessary for your job. Devices such as cell phones and computers do not qualify unless they are exclusively designed for tasks like measuring, locating, or calculating.
To claim tool expenses, your employer must complete and sign the T2200 – Declaration of Conditions of Employment form. A list of purchased tools and receipts must be submitted along with the claim.
Apprentices enrolled in a registered provincial or federal apprenticeship program leading to a trade designation can also claim tool expenses. These deductions apply to tools used for maintaining and repairing self-propelled motorized vehicles such as cars, motorcycles, boats, and aircraft. The eligibility conditions for apprentices mirror those for other tradespersons, requiring employer certification and proper documentation.
Maintaining detailed records of tool purchases ensures you can claim all eligible expenses while meeting the necessary requirements.