Home Business Expenses Canada
February 13th, 2010 | 
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Question: Write Off expenses for home office?
I am starting up my business in the next few months, however my dilema is that my soon to be home office is need of some renovation work, now I have been told that I have to wait until I register my business before I can write off any of material that I purchase to do this.
Is this true? or If I keep the recepits can I still use them after I register my business?
Please help..
BTW I'm in Ontario, Canada
Answer: The business must legally "exist" BEFORE it can legitimately incur expenses against which income can be written off.
Good luck!
Bob Andrews
SCORE Counselor
Are You In Need Of Extra Money?? Make Money From Home and Get Paid Daily
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