Tax questions? You ask lah! #73

Published: Wed, 05/04/22

Tax questions? You ask lah!

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

I send my children to kindergarten and the school fee includes books. Can I claim tax relief for the books purchased from kindergarten under lifestyle relief?

A:
Yes, as long as you have the receipt for the books purchased, you can claim the cost of purchase as lifestyle relief.

If the tenant incurred building maintenance cost such as repair of roof leaking, painting or change of tiling due to breakage, can the tenant claim tax deduction under upkeep of building?

A:
If the tenant is using the building for business purpose, the repair and maintenance of the building is still tax deductible as this is a repair to allow the business to continue.

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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