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endef
New Member

Can I claim CCA deductions (Class 50) as a self-employed individual?

 
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Can I claim CCA deductions (Class 50) as a self-employed individual?

If you own or purchase computer assets used in the course of your business that fall into the Class 50 category, "yes". The following link explains the different CCA classes for Computer Equipment & Software:

https://www.thebalancesmb.com/capital-cost-computers-2948646

CRA information:https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partners...