Equipment
Can I write off Software & Subscriptions in Canada?
YES
Explanation
Recurring monthly or annual subscriptions (SaaS) for business software (QuickBooks, Adobe Creative Cloud, Zoom) are fully deductible as current operating expenses in the year they are paid.
💡 Pro Tip
Use a dedicated business credit card for these subscriptions to make year-end tracking easier. If you buy a 'lifetime license' for a software, it might need to be capitalized.