If you have moved and established a new home closer to work or to your business, you may be eligible to claim moving expenses.
To qualify, your new home must be at leas 40 kilometres closer to your new place of work or school.
Calculation of distance in kilometers
- Distance between your old home and your new place of work or educational institution
- Distance between your new home and your new place of work or educational institution
- Address of your old residence
- Address of your new residence
- Day of Move
- Day you started your new job or business, or your studies
- Name and address of your employer, business, or educational institution after the move.
Allowable Moving Expenses
- Transportation and storage costs
- Name of mover if you hire a mover
Traveling expense from old residence to new residence
- Travel costs(other than accommodation and meals)
- Number of household members in move
- Method of travel
- Number of kilometres
- Accommodation(hotel) cost
- Number of nights
- Meals cost
- Number of days
Temporary living expenses near new or old residence (maximum 15 days)
- Accommodation cost
- Number of nights
- Meals cost
- Number of days
Cost of selling old residence
- Selling price
- Real estate commission
- Legal or material fees
- Advertising
- Other selling costs(specify)
Cost of purchasing new residence
- Purchase Price
- Legal or notaries fees
- Taxes paid for the registration or transfer of title (don’t include GST/HST or property taxes)
- Any reimbursement or allowance that is not include in your income, and that you received for moving expenses
You can download the Moving Expenses Checklist.
Thanks!
