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I have a home business (daycare) and decided last year (early Jan 2015) not to continue it. How can I close the business, as I did not have any income/expenses for 2015?

 
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New Member

I have a home business (daycare) and decided last year (early Jan 2015) not to continue it. How can I close the business, as I did not have any income/expenses for 2015?

File the return as nil and check the box for the last year of business.  If you have any assets that were used to claim CCA, you will need to show them as disposed of at

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New Member

I have a home business (daycare) and decided last year (early Jan 2015) not to continue it. How can I close the business, as I did not have any income/expenses for 2015?

File the return as nil and check the box for the last year of business.  If you have any assets that were used to claim CCA, you will need to show them as disposed of at

View solution in original post

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New Member

I have a home business (daycare) and decided last year (early Jan 2015) not to continue it. How can I close the business, as I did not have any income/expenses for 2015?

Thank you Delphision
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New Member

I have a home business (daycare) and decided last year (early Jan 2015) not to continue it. How can I close the business, as I did not have any income/expenses for 2015?

You are very welcome.
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