CCA Classes

Question 1

Class 1 + immediate expense?

Answer 1

Building + no

Question 2

Class 8 + immediate expense?

Answer 2

Furniture and fixtures; office equipment, including fax machines, copiers, and any equipment not included in another CCA class

+ yes

Question 3

Class 10 + immediate expense?

Answer 3

Automotive equipment (trailers included), including passenger vehicles costing up to $30,000 before taxes and also other automotive equipment such as delivery vans

Question 4

Class 10.1 + immediate expense?

Answer 4

Passenger vehicles costing more than $30,000 before tax
No capture or terminal loss
luxury vehicles; CCA is allowed in the final year of disposition, on the amount before reducing for the disposition, but the half-year rule applies in the year of disposition.
+yes

Question 5

Class 12 + immediate expense?

Answer 5

application software; Library books; tableware; kitchen utensils costing less than $500; dies, patterns, and moulds; medical and dental instruments; tools costing less than $500; linens; feature films; computer software that is not systems software

Not needed, already 100% so no half year rule

Question 6

Class 13 + immediate expense?

Answer 6

Leasehold imrprovements + yes (on sheet)

Question 7

Class 14.1 + immediate expense?

Answer 7

Patents, franchises, concessions or licences that have a limited legal life (patents with a limited legal life may be included in either Class 14 or Class 44) + no

Question 8

Class 14.1 + immediate expense?

Answer 8

Intangible capital assets acquired after January 1, 2017 that are not included in Class 14 or Class 44. (examples: goodwill, customer lists, trademarks, and licences with an unlimited life) + no

Question 9

Class 17 + immediate expense?

Answer 9

Roads, sidewalks, airplane runways, parking areas + no

Question 10

Class 44 + immediate expense?

Answer 10

Patents acquired after April 26, 1993 + yes

Question 11

Class 50 + immediate expense?

Answer 11

Computer hardware and systems software acquired after March 18, 2007, and before January 28, 2009; and after January 31, 2011 + yes

Question 12

Class 53 + immediate expense?

Answer 12

Manufacturing and processing equipment acquired after 2015 + yes, however CCA is 100% for net additions so excluded from $1.5M limit

The reg. opening will be used at the standard rate of 50%.

Question 13

Class 54 + immediate expense?

Answer 13

zero emission vehicles
enhanced 1st year CAA of 100%

Question 14

Classes where immediate expense not available:

Answer 14

Class 1, 14, 17