Incorported - Expenses write-off on entertainment part

Jump to Page:
< Previous [ 1 ] Next >

JRF
Member since: Jul 04

Posts: 1853
Location: GTA, Ontario
Post ID: #PID

Posted on: 07-11-08 17:12:05

Hi,

I work as an IT Contractor and I am incorporated, I believe some of us are also incorporated be in IT or other. I am looking for the following information.

What expenses you could write off from your business on entertainment. The A/C pointed out that you could write off movies tickets, concert and even some game shows.

Any other expenses you were able to write off such as buying sporting equipments, etc.., etc.,.

Thanks,

-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM

chandresh
Member since: Mar 03

Posts: 2606
Location: Toronto
Post ID: #PID

Posted on: 07-11-08 17:24:47

This might help you:

http://www.cra-arc.gc.ca/E/pub/tp/it518r/it518r-e.pdf" target="_blank">http://www.cra-arc.gc.ca/E/pub/tp/it518r/it518r-e.pdf</a>

-----------------------------------------------------------------
Chandresh

Advice is free – lessons I charge for!!

JRF
Member since: Jul 04

Posts: 1853
Location: GTA, Ontario
Post ID: #PID

Posted on: 07-11-08 18:28:06

Chandresh,
Thanks for the helpful information.

Quote:
Originally posted by chandresh

This might help you:

http://www.cra-arc.gc.ca/E/pub/tp/it518r/it518r-e.pdf" target="_blank">http://www.cra-arc.gc.ca/E/pub/tp/it518r/it518r-e.pdf</a>

-----------------------------------------------------------------
The cowards never started,
The weak died on the way,
Only the strong arrived.
http://www.youtube.com/watch?v=_yK1i9cLAMM

Jump to Page: < Previous [ 1 ] Next >

Show Printable version

Send this page to a friend

Add to favorites

Discussions similar to: Incorported - Expenses write-off on entertainment part
	Topic	Forum	Views	Replies
	incorporation	Business	2378	5
	medical report ( 1 2 )	Family Class	3096	10
	Consulting Positions / Being "incorporated"	Jobs	2664	6
	Tax ( 1 2 3 )	Just Landed	3634	14
	Stat. Canada	Accounting and Taxation	1417	2
	How to Bill US employers?	USA	1896	3
	Do we saved money or not?	Financial Planning	2385	5
	tax/rebate guidance required	Accounting and Taxation	1633	5
	Contracting without being incorporated	Jobs	1889	5
	Question for person on Payroll and Incorporated business ( 1 2 )	Accounting and Taxation	2901	9
	Filing Corporate & Personal Income tax	Accounting and Taxation	1989	2
	Incorported - Expenses write-off on entertainment part	Business	2946	2
	How much minimum carry home Salary needed to buy home 300-325K ( 1 2 3 ... Last )	Real Estate & Mortgages	17341	76
	Sole Proprietorship, what expenses are deductable	Business	2473	3
	What expenses can be claim in Income Tax return for home in Canada ?	General	1393	1
	CGA PA1	Study	2063	3
	calgary life	Where to settle	2606	3
	how much is enough?is 70 k enough to lead life in toronto? ( 1 2 )	Accounting and Taxation	4535	13
	How can I claim car expense	General	1403	3
	EI premiums ( 1 2 )	Arts and Culture	3567	11
	quesiton on buying business of convenience store ( 1 2 3 4 )	Business	8579	22
	paying myself the expenses I incur on my business	General	1382	2
	Salary quesion	Financial Planning	2294	5
	Incorporation Related Write-Offs Allowed By CRA	Accounting and Taxation	1794	6
	Question - Mortgage for Incorporated Business (IT Consultants)	Financial Planning	1694	6

Charcha

Incorported - Expenses write-off on entertainment part

Discussions similar to: Incorported - Expenses write-off on entertainment part