Business Or Professional Activities Checklist

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Business Or Professional Activities Checklist

1. Business or Professional Activities Checklist

For each business you have, complete one of these forms. All information should be supported by receipts. Although we do not need to see these receipts, please keep them in case of an audit.

Business Information

Your name Click here to enter text. Business name Click here to enter text. Description Click here to enter text. Business number Number GST/HST Number? ☐ Yes ☐ No GST/HST Return ☐ Yes, please complete my GST/HST return ☐ No, I will do my own return Business address Street and number City City Province Prov Postal Code Postal

Type of business ☐ Sole Proprietorship ☐ Partnership (fill in below) % of partnership owned by you: Number Partner 1 Name Click here to enter text. % partnership Number Address Click here to enter text. Partner 2 Name Click here to enter text. % partnership Number Address Click here to enter text.

Internet Activity

Do you have internet activity/generate income from the internet? ☐ Yes ☐ No If yes, please list the top 5 websites from which you generate income. The CRA specifically requires these details now for various business activities.

Web Site % of Web Site % of Revenue Revenue 1. Web site % 4. Web site % 2. Web site % 5. Web site % 3. Web site % Total Revenue $ 00.00 Websites to include: Websites to exclude:

 Web pages and sites that allow the  Telephone directory websites that list your web completion and submission of an order form, page or site. checking out a shopping cart or similar transactions  Information only web pages and sites (for example: directories or ads). These pages and  Online market place websites where your sites give basic information such as a business goods and/or services are sold name, address, telephone number, and general information about goods and/or services  Web pages and sites hosted outside of provided. Canada that generate income

Amount GST/HST Total1 Income Sales, commissions, income or fees $0.00 $0.00 $0.00 Amount GST/HST Total Other income – please describe: Click here to enter text. $0.00 $0.00 $0.00 Cost of Goods Sold

1 If you are not required or do not want to file a GST/HST return, you can just complete the last column. Web Site % of Web Site % of Revenue Revenue 1. Web site % 4. Web site % 2. Web site % 5. Web site % Opening inventory = closing inventory in previous year $0.00 $0.00 $0.00 Purchases during the year $0.00 $0.00 $0.00 Sub-contracting costs $0.00 $0.00 $0.00 Direct wage costs $0.00 $0.00 $0.00 Freight and delivery charges $0.00 $0.00 $0.00 Closing inventory – at year end $0.00 $0.00 $0.00 Expenses Assets purchased costing over $500. Description: Click here to enter text. $0.00 $0.00 $0.00 Click here to enter text. $0.00 $0.00 $0.00 Advertising, promotion and gifts $0.00 $0.00 $0.00 Meals and entertainment $0.00 $0.00 $0.00 Bad debts $0.00 $0.00 $0.00 Insurance (excluding life insurance) $0.00 $0.00 $0.00 Interest (bank, loans, credit cards, bank service charges) $0.00 $0.00 $0.00 Business fees (memberships, dues, subscriptions ) $0.00 $0.00 $0.00 Office supplies (stationary, software, postage, courier) $0.00 $0.00 $0.00 Supplies (any direct supplies to business) $0.00 $0.00 $0.00 Professional fees (accounting and legal fees) $0.00 $0.00 $0.00 Management fees $0.00 $0.00 $0.00 Rent $0.00 $0.00 $0.00 Repairs and maintenance at place of business: Computer parts and repairs $0.00 $0.00 $0.00 Equipment repairs $0.00 $0.00 $0.00 Building repairs $0.00 $0.00 $0.00 Total repairs and maintenance Salaries, wages and benefits (incl. for family members)2 $0.00 $0.00 $0.00 Property taxes $0.00 $0.00 $0.00 Travel (meetings and conventions) $0.00 $0.00 $0.00 Telecommunications (cell phone, internet telephone) $0.00 $0.00 $0.00 Utilities $0.00 $0.00 $0.00 Education expenses (courses, learning materials, books) $0.00 $0.00 $0.00 Business planning and strategy fees $0.00 $0.00 $0.00 Unclaimed start-up costs $0.00 $0.00 $0.00 Other – please describe: Click here to enter text. $0.00 $0.00 $0.00 Click here to enter text. $0.00 $0.00 $0.00 Click here to enter text. $0.00 $0.00 $0.00 Motor vehicles (attach Motor Vehicle Checklist) $0.00 $0.00 $0.00 Home office (attach Workspace-in-the-Home Checklist) $0.00 $0.00 $0.00 Small tools and equipment purchases (less than $500) $0.00 $0.00 $0.00

2 Please include copies of T4 slips and a T4 Summary related to the wages. If you are claiming for an apprentice, please note: date of apprenticeship, name and SIN of apprentice.

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