Yes, even though you may not have earned income, expenses you incurred for business purposes can be claimed. Please keep source documents for such expenses handy, in case the CRA asks to see them. You must consider that one of the conditions for expenses to be legitimate is if they are ‘income-earning’ (i.e. incurred to create income).
If someone else paid for your business expense, you may still claim them on your own tax return. However, please keep the receipts on hand, and draft a written agreement between you and the payee which clearly states that you will pay them back within a certain period of time.
The information provided on this page is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided on this page.