The way we dress can have a strong effect on our business results. Looking presentable can send a certain psychological trigger to our clients. Even if we don’t know WTF we are talking about, it can help us come across as a credible source for our clients.
But, the cost of your suit is actually not a deductible expense according to the CRA. Some exceptions could include businesses where you need to wear a costume or uniform, like a dance or fitness instructor who needs certain supplies to be able to teach. For most, this isn’t the case.
There is one way you may be able to make the cost of your clothing deductible – add your logo! Adding your logo to your clothing creates a legitimate advertising expense. You are now advertising your business every time you put on your clothing.
– Daniel Breez