Did you know that GOING GREEN is not only friendly on the environment, but can also be friendly on your wallet? By moving closer to where you work, not only would you spend less money and time on transportation, but the move itself could qualify you for a number of tax return deductions, thus keeping more of your hard earned money in YOUR pocket. These deductions apply to those who are employees, self employed and even full time students (in the event that, say, you moved closer to school). Many of the eligible moving expenses include transportation and storage costs for household effects, traveling expenses, meals, and temporary accommodation. You may even qualify for deductions relating to the cost of canceling a lease, legal fees, transfer taxes and even the cost of selling the home! With all the benefits to GOING GREEN (help the environment, save more time for you and your family, save wear and tear on your vehicle, reduce probability of a collision, improve your productivity and enjoy greater flexibility in your schedule, and now tax incentives – to name a few), the move has never made more sense.
Do more for the Earth, your family, your job, your health and now your wallet – GO GREEN!
Determine the moving expenses you can claim by going here: http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns206-236/219/menu-eng.html .
What other ways do you think we can improve our lives by going GREEN?
Go Green! Live Closer to Where You Work!
Download the free spreadsheet to calculate the approximate amount of CO(2)
you generate per annum by driving to and from work.
http://www.ottawarealestatenews.com/GoGreenLiveCloserToWhereYouWorkb.xls
To relocate closer to where you work, call our TEAM.
Visit www.ottawarealestatenews.com today!