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New Member
posted Apr 30, 2023 8:49:29 PM

What class should I use for computer monitors purchased this year?

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1 Replies
Level 2
May 1, 2023 7:37:41 AM

Hi @bpmi-live-ca,

 

Thanks for your question! The following article outlines common depreciable property classes. 

https://turbotax.intuit.ca/tips/common-depreciable-property-classes-6371

 

Specifically the mentioned regarding class 10. "Data-processing equipment also includes any system... used to... display information."

Class 10

The CRA includes electronic data-processing equipment, computer hardware, and systems software in Class 10. Items that fall into this category include computers, software and firmware.

Data-processing equipment also includes tablets, servers, or any equipment or system used to store, manipulate, manage, display, receive or transmit information. Items are in Class 10 are subject to a CCA rate of 30%.

 

Let us know if this answers your question?

- V