I don't know how it started but I know that the Boxing Day shopping tradition is a real boon to retailers.
As a small business owner, picking up some Boxing Day bargains can also give you a break on your income tax.
Assuming that the product you're buying is an asset for business use, you'll be able to claim a portion of the cost of your purchase through your Capital Cost Allowance claim. Read more about how to use your Capital Cost Allowance claim to reduce your income tax in 8 Small Business Tax Strategies to Reduce Income Tax.)
So look around your office and see what you need and hit the stores. If you shop at a small business, it could be a gift to both of you.
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