Hello! I'm curious as to how everyone else in Canada is categorizing some of their expenses in their tax forms. Some things are obvious (expensive gear for instance), but some of the smaller stuff seems less obvious. For instance, do you claim the following items as
A) Class 12 CCA asset?
B ) Office expense?
C) Office stationary and supplies?
- cables
- batteries
- straps and pouches
- lav mics under $500
- SD cards
- items that can only be used attached to Class 8 assets, such as a wingman dongle or an antenna, and purchased with a Class 8 asset (but has a separate line on an invoice)
I realize your bookkeeper may be making these calls, but I suspect there may be inconsistency in how it is applied. Thoughts?
Thanks!