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April 25, 2024
Question

Can I claim my new laptop as a business expense? I bought it so I could run my remote virtual assisting business

  • April 25, 2024
  • 1 reply
  • 0 views
I need this computer to do any kind of freelancing work. Is this considered a business expense?

    1 reply

    TurboTaxSusan
    April 25, 2024

    If it's a cheap laptop you can claim it as an expense, but if it's $500, you should claim it in the CCA section (Class 50).