08/23/2026
๐จ๐ฆ๐ฐ SELF-EMPLOYED? Your home office could be a tax deduction! ๐ ๐
If you run your small business from home in Ontario, you may be able to claim a business-use portion of eligible home expenses.
Think:
๐ Rent
๐ฅ Heat & utilities
โก Electricity
๐งน Maintenance
๐ก๏ธ Home insurance
๐ก Property taxes
๐ณ Mortgage interest
But hereโs the catch ๐๐
You generally need to meet CRAโs requirements for business use of your home, and you need to calculate the business portion reasonably.
For example, if your dedicated office is 10% of your home, you may potentially allocate 10% of eligible expenses to business use.
If you share the space with your personal lifeโlike working at the kitchen tableโthe calculation can be more complicated because time of business use may also matter. โฐ๐
โ ๏ธ And donโt assume that every home expense is automatically deductible. Personal expenses arenโt business expenses, and home-office deductions are subject to CRA rules and limitations.
๐ Keep your receipts. Document your calculation. Claim only the business portion.
๐ฐ Small deductions can add up to meaningful tax savings over time.
๐จ๐ฆ Save this for tax time!
General information onlyโnot personalized tax advice.
BusinessTax ๐จ๐ฆ๐ฐ๐