本文发表在 rolia.net 枫下论坛I am in Hamilton. I guess you need someone near you.
"Yes, I drove my car to work, but that's it. It's not like driving to visit customer. If only for commute between office and home, can the car related expense be tax deductable?"
Yes. Example: for your car, you have paid license fee, insurance, repairs, parking, gas, car wash, etc. And total mileage for the year is 20k among which you estimate driving back and forth to work place was about 10k. Add all the costs together, claim 50% as business expenses. You are required to keep all the receipts for 6 years. CCRA has right to review your claim at any time during this 6 year period. I prefer to use credit card for everything. At the end of each month, I tick all business related items on the monthly statement as my record.
"Also, the client provides all the equipement for work, including computer, stationary, office. So, is my rent or mortgage tax deductable? "
If not work at home, you can not claim home office expenses because there is no home office. If you do, same as car example, estimate the percentage of that office room over total square foot of your house and claim that percentage of total housing costs as business expenses. Some other expenses you can claim are long distance phone bill, fax machine use, internet access fee. Again, anything related to your business activities.
"I remembered I read it somewhere that I don't have to remit all the GST I collected. There is a percentage I can keep and treat it as my income. But I couldn't find such info on CCRA web site. Any hint?"
No knowledge. Can't help on this one.
"Millions of thanks!"
Very welcome.更多精彩文章及讨论,请光临枫下论坛 rolia.net
"Yes, I drove my car to work, but that's it. It's not like driving to visit customer. If only for commute between office and home, can the car related expense be tax deductable?"
Yes. Example: for your car, you have paid license fee, insurance, repairs, parking, gas, car wash, etc. And total mileage for the year is 20k among which you estimate driving back and forth to work place was about 10k. Add all the costs together, claim 50% as business expenses. You are required to keep all the receipts for 6 years. CCRA has right to review your claim at any time during this 6 year period. I prefer to use credit card for everything. At the end of each month, I tick all business related items on the monthly statement as my record.
"Also, the client provides all the equipement for work, including computer, stationary, office. So, is my rent or mortgage tax deductable? "
If not work at home, you can not claim home office expenses because there is no home office. If you do, same as car example, estimate the percentage of that office room over total square foot of your house and claim that percentage of total housing costs as business expenses. Some other expenses you can claim are long distance phone bill, fax machine use, internet access fee. Again, anything related to your business activities.
"I remembered I read it somewhere that I don't have to remit all the GST I collected. There is a percentage I can keep and treat it as my income. But I couldn't find such info on CCRA web site. Any hint?"
No knowledge. Can't help on this one.
"Millions of thanks!"
Very welcome.更多精彩文章及讨论,请光临枫下论坛 rolia.net