Tax questions? You ask lah! #61

Published: Wed, 02/09/22

Tax questions? You ask lah!

Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!

Emma purchases books for her children. Can she claim the books purchased as lifestyle relief?

Yes, she can claim lifestyle relief on the books purchased for her children.

If company pays cash for unutilized annual leave, is it taxable for staff?

Yes, it is a taxable income because it is considered as part of the staff’s remuneration.

Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

P.S. I've received a lot of tax questions, so now I am answering the frequently asked questions and sharing them with you weekly!

P.P.S. If you're liking these little tips, you can't imagine how much you'll get out of my FREE Tax Livestream! Learn more here: https://bit.ly/zen-taxlive

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