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aileen
New Member

How do I calculate my unclaimed capital cost at the start of my business's fiscal year?

I'm trying to claim vehicle expenses and it asked me when I aquired my vehicle and then what my UCC was.
1 Reply

How do I calculate my unclaimed capital cost at the start of my business's fiscal year?

You would only have an unclaimed capital cost (UCC) if you claimed CCA on your vehicle in previous years. If you just started using the vehicle this year, you would enter the date that you started using it for business in 2025, and then the fair market value on that date.

 

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