Marketing
Can I write off Website & Domain in Canada?
YES
Explanation
Annual web hosting, domain registration, and Shopify fees are current expenses. However, if you pay a substantial amount for a custom website to be built from scratch, that cost may need to be capitalized (CCA Class 50) as it is a lasting asset.
💡 Pro Tip
Keep invoices for all digital subscriptions. It is easy to lose track of small $15 monthly charges, but they add up significantly over a year.