12/06/2025
🇨🇦 The Canadian Small Business "Cheat Sheet" for Expenses
❓ Confused about what you can actually write off this year? You aren't alone. One of the most common questions we get is: ✅"Can I expense this?"
While every business is different, the CRA has specific guidelines on what constitutes a reasonable business expense. We created this quick visual guide to help you categorize your spending and maximize your return.
Key takeaways:
1️⃣ Keep personal and business expenses separate.
2️⃣ Advertising and marketing are 100% deductible.
3️⃣ Professional fees (like hiring us!) are fully deductible.
"This graphic is for educational purposes only and is based on general CRA guidelines as of 2025. Deductions can vary based on your specific business structure and situation. Please consult with us to confirm eligibility."
12/05/2025