Your weekly dose of tax knowledge - become tax savvy in just 2 minutes!
Q: If I purchase an iPad with accessories such as Apple Pencil and keyboard, can I claim lifestyle relief for the whole amount?
A: If the purchases are bundled as a package, i.e. one price for all items, then you may still claim the whole amount as tax relief. If the items are separated, then only the iPad is eligible for tax relief.
Wishing you plentiful tax savings!
Zen Chow
YYC Tax Guru