The ceiling on the capital cost of passenger vehicles for capital cost allowance (CCA) purposes remains at $30,000 (plus applicable federal and provincial sales taxes) for purchases after 2002. This ceiling restricts the cost of a vehicle on which CCA… {Read more}
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Eligible Expense For Taxpayer With Investments
Taxpayer with investments may be eligible to claim certain deductions which relate to carrying charges and interest expenses.
What Business Expenses Are Tax Deductible?
If you are a small business owner, or are considering starting your own business you may have wondered…
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