Monthly Archives: October 2015

  • Common business expenses

    Posted on October 15, 2015 by admin in Blog Category.

    The expenses you can deduct include any GST/HST you incur on these expenses less the amount of any input tax credit claimed.You cannot deduct personal expenses, deduct only the business part of expenses from business income. List of expenses •Advertising (Line 8521) •Allowance on eligible capital property (Line 9935) •Bad debts (Line 8590) •Business start-up […]

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