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nicolai
New Member

Where can I claim expense for custom software I commissioned a professional to write for my business?

I paid someone $4,000 to write software that I give away to attract customers for my home business. Where would I claim that and what would I call it? Under T2125 as a salaries/wages expense? or maybe 'Advertising'? or somewhere else altogther? 

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Where can I claim expense for custom software I commissioned a professional to write for my business?

You would claim this as a capital asset, using cca class 50.

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Where can I claim expense for custom software I commissioned a professional to write for my business?

You would claim this as a capital asset, using cca class 50.