[Verse 1]
Sarah's laptop glows at midnight in her kitchen nook
Spreadsheets scattered, client contracts, every single look
Points to home as headquarters, where the magic flows
But the taxman needs specifics, here's what he needs to know
[Chorus]
Principal place of business, that's the golden key
Or exclusive and continuous, meet clients regularly
Two paths to qualification, choose the one that fits
Home office deductions waiting, when eligibility hits
Principal or exclusive, regular and true
Tax breaks for your workspace, Canada's gift to you
[Verse 2]
Marcus runs his consulting from his spare bedroom wall
No other work happens there, business calls are all
That room will ever witness, sealed from family life
Meetings with his customers, cutting through like knife
[Chorus]
Principal place of business, that's the golden key
Or exclusive and continuous, meet clients regularly
Two paths to qualification, choose the one that fits
Home office deductions waiting, when eligibility hits
Principal or exclusive, regular and true
Tax breaks for your workspace, Canada's gift to you
[Bridge]
Most consultants nail the first test easily
Home's their command center naturally
But if you're sharing spaces, path two's still alive
Exclusive business usage, keep those meetings live
[Chorus]
Principal place of business, that's the golden key
Or exclusive and continuous, meet clients regularly
Two paths to qualification, choose the one that fits
Home office deductions waiting, when eligibility hits
Principal or exclusive, regular and true
Tax breaks for your workspace, Canada's gift to you
[Outro]
Document your patterns, CRA will want to see
Principal or exclusive, sets your business free