February 11, 2005
CRA Tax Tip: Home tax deductions for the self-employed
As a self-employed individual running your business out of your home or apartment may allow you to deduct a corresponding part of your operating costs, such as utilities. Furthermore, any specific expenses that are directly related to the business are also deductible.
For more information, including conditions and rates, see the CRA web site:
http://www.cra-arc.gc.ca/newsroom/taxtips/2005/0211home-e.html
Posted by Taxes.ca Editorial Team [permalink]
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