Office
Can I write off Home Office Expenses in Canada?
PARTIAL (CONDITIONAL)
Explanation
You can deduct home expenses if it is your principal place of business (>50% of the time) OR used exclusively for meeting clients. Deductible items include a portion of heat, hydro, insurance, and maintenance. Homeowners can claim mortgage interest (not principal); renters can claim a portion of rent.
💡 Pro Tip
Calculate your percentage based on square footage (office area ÷ total home area). If your office is 10% of your home, you claim 10% of your utilities.