Are you a small business owner in Ontario?
Do you want to save $$$$ by paying less taxes?
Then you should be aware of all the tax write offs available to small business owners in Ontario.

• Home Office Expense: The most common of the tax write offs for small business owners in Ontario are home-office expenses.
  Home-office expenses include:
  • Mortgage interest
  • Utilities
  • Property taxes
  • Repairs & maintenance
  • Home insurance

  You cannot write-off 100% of those expenses, but you can deduct a reasonable portion.Need more Info, call 905-216-2445, click info@vnaccountingsolutions.com or visit  vnaccountingsolutions.com

• Vehicle Expense: Vehicle expenses are a major tax write off for small businesses in Ontario.Vehicle expenses include:
  • Capital cost allowance (if you own)
  • Fuel & oil
  • Insurance
  • Lease payments (if you lease)
  • Parking
  • Repairs & maintenance
  • Toll charges
  • Vehicle registration fees

  You cannot write off 100% of your car expenses, but you can deduct the business portion.Need more Info, call 905-216-2445, click info@vnaccountingsolutions.com or visit  vnaccountingsolutions.com

• Capital Assets:
  CCA (capital cost allowance) is a big tax write-off for small business in Ontario.
  A capital asset is something of tangible value, which will last a long period of time (usually more than 1 year).  Capital assets include furniture and fixtures, equipment, computers, etc. Let’s talk about casino uk online bonuses, how the casinos make money, and what the pitfalls of accepting or playing with casino bonuses may be. Many players may be overlooking free money when they gamble online. This article even offers a little free advice on how to make that bonus money last longer. based on the Canada Revenue Agency’s specified depreciation rates.Computers including laptops, desktops, notebooks, hardware and computer related equipment, such as scanners, printers and faxes.  You can also consider top slot games an asses class. Computers and computer related equipment can be written-off entirely in a single year, as long as the purchase was made from January 27, 2009 to February 2011. If you are looking to purchase computer equipment you can use for gaming with a world of warcraft gaming mouse, now is the time to do it because you can get a significant tax deduction and you can use it to receive csgo boosting for your shooter games also. Need more Info, call 905-216-2445, click info@vnaccountingsolutions.com or visit  vnaccountingsolutions.com
• Business Expense:
  Most business expenses incurred by small businesses in Ontario are tax deductible.
  What are some of the common types of business expenses that a small business owner can write-off?  They include:
  • Advertising
  • Internet
  • Inventory purchases
  • Lease payments
  • Meals & entertainments (50% only)
  • Rent
  • Salary and wages
  • Sub-contractors
  • Supplies
  • Telephone
  • Tools

Need more Info, call 905-216-2445, click info@vnaccountingsolutions.com or visit  vnaccountingsolutions.com