Quote:
Originally Posted by Locke
Your accountant is right. I've been keeping my eye on this sort of thing as well, and I've also heard the rumour of the army of auditors, but CRA are playing this one really close to the chest.
Nothing is set in stone, but I have a sneaking suspicion that this is going to hit like a sack of hammers.
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I also heard they are changing what can an cannot be written off. I know some contractors are already abusing the privilege but it sounds like they are going to really restrict what can be written off as a business expense.