You will first need to determine which CCA class your tools fall in.
- Small tools under $500 belong in Class 12 with a 100% CCA rate, and most are not subject to the half‑year rule. They are fully deductible in the year of purchase.
- If the tool costs $500 or more, include it in Class 8 with a CCA rate of 20%. These tools are subject to the half-year rule.
Once you have determined the correct class, "Yes" you can enter them as a total cost.
This link will take you the CRA information on CCA classes & rates: https://bit.ly/2SQjIm0
