The following are some commonly used tax forms. Hopefully these will help you in preparing your tax related material. Please don’t hesitate to contact us if you have any questions.
- T2200 – To be filled out by an employer so an employee can claim employment related expenses on his/her personal tax return.
- T777 Details – Employees use this form to claim employment related expenses as indicated on their T2200.
- T2125 – Self employed individuals use this form to claim business expenses as a propietor on their personal tax return.
- Automobile Benefit – When an employee uses a business vehicle for personal use, this form will help calculate the taxable benefit to be included on the employee’s T4 or T4A.
- Business Consent Form – Fill out this form to give Lockhart & Company authorization to deal with the Canada Revenue Agency for your business.
- Authorizing or Cancelling a Representative – Fill out this form to give Lockhart & Company authorization to deal with the Canada Revenue Agency for you personally.
- T5018 – Fill out this form if you are in the construction industry and have made payments to subcontractors.
- TD1CDN, TD1AB – Employers have this form filled out by new employees to determine the proper amount of tax deductions to be remitted.
- CPT1 – Use this form to request a ruling from the Canada Revenue Agency to determine whether or not you are an employee or subcontractor and whether or not you should be remitting CPP and/or EI.