Small Business & Home Office
Statement of Business Activities
Personal Information
Name
Business Name
Business Number
Business Address
Partnership %If applicable — your share of the partnership
A. Income
| Total Sales, Commissions, Revenues, etc. | $ |
| Minus (HST if included in sales): | $ |
| Total Income: | $0.00 |
B. Calculation of Cost of Goods Sold
| a. Opening Inventory: | $ |
| b. Purchases during year: | $ |
| c. Closing Inventory: | $ |
| Total COGS (A + B − C): | $0.00 |
C. Expenses (Business Expenses only)
| Employee Salaries, Wages, Benefits | $ |
| Advertising (Gifts, Business Cards, etc.) | $ |
| Delivery Freight (Mail, Shipping Fees, etc.) | $ |
| Business Insurance | $ |
| Interest on Business Loans | $ |
| Maintenance and Repairs | $ |
| Meals & Entertainment (Full Amount) | $ |
| Office Expenses (Paper, Printer, etc.) | $ |
| Other Supplies | $ |
| Professional Fees (Lawyer, Accountant, etc.) | $ |
| Membership Fees (Costco, Professional Dues, etc.) | $ |
| Travel (Meals, Hotels, Parking, etc.) | $ |
| Telephone and Utilities (Cellphone, Internet) | $ |
| Rent or Leases (Business-only location) | $ |
| Property Taxes (Business-only location) | $ |
| Other (Please Describe): | $ |
| Total Business Expenses: | $0.00 |
D. Business-Use-of-Home Expenses
| a. Total number of rooms or sq. ft. in home: (Exclude Kitchen, Lavatory, Basement) | |
| b. Sq. ft. or number of rooms of workspace: (Used only for business) | |
| Percentage of Business Portion (B ÷ A): | 0.00% |
Home Expenses
| Heat (Gas / Wood / Oil) | $ |
| Electricity (Hydro) | $ |
| Insurance (Home) | $ |
| Maintenance (Paint, Snow, Lawn, etc.) | $ |
| Property Tax | $ |
| Mortgage Interest | $ |
| Other Expenses (Phone, Water, etc.) | $ |
| Total Use-of-Home Expenses: | $0.00 |
E. Motor Vehicle Expenses
| Total Kilometres Driven in Taxation Year: | km |
| Kilometres Driven to Earn Income: | km |
| Percentage of Business Proportion (B ÷ A): | 0.00% |
Vehicle Expenses
| Fuel and Oil | $ |
| Interest Expenses: | $ |
| Insurance | $ |
| Licence and Registration Fees | $ |
| Maintenance and Repairs | $ |
| Other Expenses (Car Wash, etc.) | $ |
| Total Motor Vehicle Expenses: | $0.00 |
F. Calculation of Capital Cost Allowance
Purchase of any major equipment over $1,000 (Buy/Sell Vehicles, Laptop, Desk, etc.)
| ItemEx. Vehicle | UCC Start of Year ($)Ex. $1,800 | Cost of Additions ($) | Proceeds of Disposition ($) | BalanceAuto-calc | Rate (%)Ex. 30% | CCA for YearAuto-calc | UCC End of YearAuto-calc |
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