If self employed can you claim an I phone or home security system nder capital cost allowance?
021846
2 Replies
TurboTaxSusan
Moderator
Mar 6, 2024 10:56:29 AM
Yes. The iPhone can go in Class 50 with a CCA rate of 55%. For the security system, you can use Class 8 with a CCA rate of 20% which includes property that is not included in another class.