TAX QUESTIONS? YOU ASK LAH!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!


Q: I am a sole proprietor. I bought a personal computer for business purposes. Can I claim lifestyle tax relief for this purchase?

A: No. You are not entitled to claim lifestyle tax relief for a personal computer used for business purposes. However, you may claim capital allowance against your sole proprietorship’s business income on the cost incurred for the personal computer. 


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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