Electronic equipment
You can write off 100% of the cost of computers.The accelerated capital cost allowance (CCA) for eligible computers announced in the 2009 budget allows businesses to claim 100% of computer costs (including systems software) purchased after January 27, 2009 and before midnight, January 31, 2011.
To qualify for this rate, the asset must also:
- be situated in Canada
- not used or acquired for use for any purpose before acquired by the taxpaper
- acquired by the taxpayer
- for use in a business carried on by the taxpayer in Canada or for the purposes of earning income from property situated in Canada
- for lease by the taxpayer to a lessee for use by the lessee in a business carried on by the lessee in Canada or for the purpose of earning income from property situated in Canada
- be situated in Canada
- not used or acquired for use for any purpose before acquired by the taxpaper
- acquired by the taxpayer
- for use in a business carried on by the taxpayer in Canada or for the purposes of earning income from property situated in Canada
- for lease by the taxpayer to a lessee for use by the lessee in a business carried on by the lessee in Canada or for the purpose of earning income from property situated in Canada
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