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  1. #3
    Trace of Angels
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    I attended a workshop with the CRA (Canada Revenue Agency) and the revenue employee stated that you can write off the improvements for your daycare but to be very careful. If you do write off something that would add to the value of your overall property then the government can tax you when you sell your home for capital gains........
    Don't kill the messenger though LOL This is just what I heard from one lady that held a workshop through the CCPRN here in Ottawa about "Daycare as a business"
    Who taught us what we could and could not write off. She basically said yes and no at the same time and that you can choose to do it or not choose.
    She basically stated that the only "safe" item to write off for your home would be paint.......
    But I bet if you talk to an accountant he could find a way around this!!!!

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