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New Member
posted Oct 29, 2019 5:56:38 PM

I constructed a home office in my garage, where do I declare the expense of this?

I'm self-employed and built a home office in my garage in 2014 and work from there. Total cost of the construction was around $5,000.00. Is there somewhere to claim these expenses or do I do it as a UCC? 


Thanks

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1 Best answer
New Member
Oct 29, 2019 5:56:41 PM

You cannot claim this as an expense as the cost is considered as capital in nature.  You will add it as a cost of additions on your Capital Cost Allowance Schedule and claim CCA if you choose to do so.

1 Replies
New Member
Oct 29, 2019 5:56:41 PM

You cannot claim this as an expense as the cost is considered as capital in nature.  You will add it as a cost of additions on your Capital Cost Allowance Schedule and claim CCA if you choose to do so.