General Information
- Copy of your previous tax return(for new clients only)
- Business name
- GST/HST number
- Business address
- Business main product or service
Gross Business Income
- Your gross business income(net of GST/HST)
Business Expenses(net of GST/HST)
- Purchase of materials
- Subcontracts
- Advertisement
- Meal and entertainment
- Bad debts
- Insurance
- Interest
- Business fees, licenses, due, and memberships
- Office expense
- Office stationery and Supplies
- Professional fees
- Management and administration fees
- Rent
- Maintenance and repairs
- Salaries, wages, and benefits
- Travel
- Telephone and utilities
- Delivery, freight, and express
- Other expenses
Business-use-of-home expenses
- Heat
- Electricity
- Insurance
- Maintenance
- Mortgage interest
- Property taxes
- Other expenses
- Percentage of personal usage
Motor Vehicle Expenses
- The kilometres you drove in the tax year to earn business income
- The total kilometres you drove in the tax year
- Gas
- Interest if you are financing your vehicle
- Insurance
- License and registration
- Maintenance and repairs
- Leasing cost if you are leasing your vehicle
- Other expenses (please specify)
- Business parking fees
- Supplementary Business Insurance
Assets used in your business
- Vehicle
- Computer
- Equipment
- Others
You can download the checklist.
Thanks!