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Remote Daily #120: Up to $400 tax deduction for Canadians working from home 💰 Remote Daily

Karthik Sridharan | no comments

Karthik Sridharan

Remote Work Experience

Yes, at Flexiple our tech team is remote. Further, we consistently work with freelancers from our network who are located across timezones. It is an interesting dynamic that poses challenges but also enforces discipline like nothing else I have experiened before.

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Here's the latest from the world of remote work 🔥

CRA allows workers to claim up to $400 for working from home...

The Canada Revenue Agency has simplified the rules to make millions of Canadians working from home eligible for a tax deduction.
Eligible workers can claim $2 per day up to a maximum of $400. https://t.co/hRRAKabcpo @LizT1
— CBC News (@CBCNews) December 15, 2020

...while Slack sets aside $50 million to invest in the future of work VC fund...

Slack is earmarking $50 million from its balance sheet to launch a new venture capital fund aimed at broadening Slack-backed investments beyond its own platform. https://t.co/tptYfmIzj4
— Axios (@axios) December 15, 2020

...and Parsec, a streaming tech. tool, raises $25 million to power remote work...

Parsec raises $25M from A16Z to power remote work and cloud gaming https://t.co/OU5zqHICP4 by @anthonyha
— TechCrunch (@TechCrunch) December 15, 2020

...and finally, Jason states that remote work follows a completely different approach to work.

Work remotely, don’t port the office. Remote work isn’t office work done at a distance. It’s an entirely approach, a different way to work —> https://t.co/bqsXOn7ELa
— Jason Fried (@jasonfried) December 15, 2020