It’s not a business deduction, but the interest on.
![hidden business tax deductions hidden business tax deductions](https://i.pinimg.com/736x/f0/c1/b3/f0c1b343a717ec001440beeaf3cb8b0b.jpg)
NEW One-time cost of living tax credit (for Québec only) The 2022 budget offers something special for Québec residents: a one-time refundable tax credit of up to 500 to help offset the rising cost of living. If your boat has a restroom and a kitchen, then it can qualify as a second home. For every donation you make, a percentage (ranging from 15 to 33) comes back to you as a credit that reduces your taxable income. But with a business these can become legitimate business deductions. These are the things that you are already paying for with after-tax dollars.
![hidden business tax deductions hidden business tax deductions](https://hndgwww2.azureedge.net/gpa/dom/dom-4522-business-tax-deductions/lpg/header.gif)
A ‘listed company’ is one whose shares are listed on a recognised stock exchange, and which is neither a ‘close’ company nor one that would be a close company if it were UK resident The shares may be in an unlisted company (although it cannot be under the control of another company, other than a listed one), or in a listed company. the shares - the shares acquired must be ordinary, fully paid-up, non-redeemable shares.