Tags: business-use-of-home

Effective Tips on How to Work from Home

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Effective Tips on How to Work from Home

Whether you’re new to the bliss of the commute-free lifestyle or a seasoned pro, you’re not alone. According to Statistics Canada, the number of self-employed people who work from home increased from 54 to 60 percent between 2006 and 2008, and “1,842,000 self-employed persons worked at home in 2008”. More recent information suggests

The Business-Use-Of-Home Expenses Deduction for the Self-Employed

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The Business-Use-Of-Home Expenses Deduction for the Self-Employed

When you’re self-employed, your workplace can be in your home. The CRA lets you claim part of those expenses to lower your tax bill. But, be sure you’re following the rules to deduct your business-use-of-home expenses.