Tax Checksdeductions
Did I deduct personal expenses as business costs?
Mixed expenses are a common reassessment trigger.
Is this you?
- I deducted phone, internet, or vehicle costs
- The expenses were partly personal
- I estimated the business portion
"If I use it for work, I can deduct it."
Only the business-use portion is deductible. Overclaims are frequently reversed during reviews.
Why guessing is risky
- CRA reviews mixed expenses closely
- Denied expenses increase tax retroactively
- Poor documentation weakens appeals
Safe to ignore if
- Expenses were 100% business
- Allocations were documented
Stop and check if
- Personal and business use overlapped
- Allocations were estimated
Resolve the doubt
Check my business expense risk (2 minutes)We'll tell you if this needs reporting and what to do next.
"Most people adjust one allocation to avoid reassessment."