Business Return Worksheet Would you prefer to print this form? You can download and fill out our print-ready PDF version Download PDF Version Name*Email* Phone*Social Insurance Number*Business Name:*Nature of Business:*Year*First Year in Business?*YesNoIf Yes Enter the Start Date Last Year in Business?*YesNoIf Yes Enter the Close Date Income: Only include income relating to this business/source of self-employmentNet Business Income (no HST)Does Income Include T4A?YesNoHST CollectedYour HST NumberTotal Business Income for the Year including HSTExpenses: Show Annual Totals. Leave unrelated areas blank.**Only break out the taxes if you are GST/HST registered. See Guide for more info.Purchases of Items for Re-sale, Material Price Excluding TaxesTaxes**TotalSubcontractors (HST Registered) Price Excluding TaxesTaxes**TotalSubcontractors (Not HST Registered) Price Excluding TaxesTaxes**TotalClosing Inventory (At your cost for the items) Price Excluding TaxesTaxes**TotalAdvertisement & Promotion Price Excluding TaxesTaxes**TotalMeals & Entertainment (Client/work related only, no personal unless away for more than 12 hours) Price Excluding TaxesTaxes**TotalInsurance (Business Only) Price Excluding TaxesTaxes**TotalBank Charges on Business Accounts & Interest on Business Credit Cards & Loans Price Excluding TaxesTaxes**TotalBusiness Fees & Licenses Price Excluding TaxesTaxes**TotalOffice Expenses Price Excluding TaxesTaxes**TotalSupplies & Small Tools (Value of $200 or less each) Price Excluding TaxesTaxes**TotalLegal, Accounting & Professional Fees Price Excluding TaxesTaxes**TotalManagement & Administration fees Price Excluding TaxesTaxes**TotalRent of Business/Storage/Equipment (not home) Price Excluding TaxesTaxes**TotalMaintenance and Repairs (Except Vehicle) Price Excluding TaxesTaxes**TotalSalaries & Wages through CRA Payroll(incl WSIB) Price Excluding TaxesTaxes**TotalTravel – Hotel & Air (not vehicle) Price Excluding TaxesTaxes**TotalTelephone & Cell (No Home Phone) UsagePrice Excluding TaxesTaxes**TotalDelivery and Freight Expenses Price Excluding TaxesTaxes**TotalSmall Tools (Value $200 - $500 per item) Price Excluding TaxesTaxes**TotalOtherSpecifyPrice Excluding TaxesTaxes**Total Capital Purchases: Items with a value of more than $500 should be listed separately.ItemPrice Excluding TaxesTaxes**Total Auto Expenses: If you use your vehicle for your business fill out the following.You must fill a separate schedule out for EACH vehicle used.Make and Model of the VehicleBought in the Year?YesNoDate Amount/FMVSold/Stopped Using in the Year?YesNoDate Amount/FMVIf using vehicle for business first time, Value of Vehicle @ date first usedTotal KMs Driven in the year:KMs Driven for Business Use= % Vehicle used for Business**You should have an auto log available including total KM for the year and the KM driven for business related activities should CRA request it.Expenses for Vehicle: List 100 % amounts for the whole YearGas Price (Excluding Taxes)TaxesTotalInsurance Price (Excluding Taxes)TaxesTotalLicense and Plates Price (Excluding Taxes)TaxesTotalRepairs and Maintenance Price (Excluding Taxes)TaxesTotalParking and Tolls Price (Excluding Taxes)TaxesTotalInterest on Loans (If you own vehicle) Price (Excluding Taxes)TaxesTotalLease Payments (If Leasing) Price (Excluding Taxes)TaxesTotalHome Office: If you utilize a designated space in your home for use in your business**You should be able to provide total square footage and the square footage designated solely for work related purposes. If the space is not dedicated, reduce by time of use (hours/day vs days/year used for work related activities) Square Footage of area exclusively for BusinessTotal Square Footage of homeOR % used for BusinessExpenses for home: List 100 % amounts for the whole YearHeat Price (Excluding Taxes)TaxesTotalElectricity Price (Excluding Taxes)TaxesTotalHouse Insurance Price (Excluding Taxes)TaxesTotalMaintenance Price (Excluding Taxes)TaxesTotalMortgage Interest ONLY Price (Excluding Taxes)TaxesTotalProperty Taxes Price (Excluding Taxes)TaxesTotalRent Price (Excluding Taxes)TaxesTotalWater Heater Rental Price (Excluding Taxes)TaxesTotalOtherSpecifyPrice (Excluding Taxes)Taxes**Total Consent* I agree to receive further communications from C & V Income Tax Services. CAPTCHA This iframe contains the logic required to handle Ajax powered Gravity Forms.