Talent Development Centre

Expenses and Tax Deductions for Canadian Businesses

April 30th is coming faster than you think so if you’re not already thinking about taxes, it’s time to start. While we always recommend working with a professional to do your books, it’s also wise to have a good understanding yourself.

Knowing which expenses you can claim and how to do it is valuable year-round, and makes tax season less stressful on you and your accountant. This video posted by Answer W Bradley (a Retirement Planner from Ottawa) provides a general list of deductible business expenses for Canadian small businesses. You can also see the complete list and explanations here.

Leave a Reply

Your email address will not be published. Required fields are marked *