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August 8, 2019

Reasonable business expenses

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Reasonable business expenses

A business claimed a lot of tech type expenses due to the nature of his “remote” and “online” services.  The CRA audited these higher than usual expenses.  The agreed with the taxpayer these expenses were incurred in his pursuit of profits. 

However, they disallowed most of the automobile expenses as they determined the “remote” and “online” nature of the businesses left very little need for an automobile. 

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