Do I have to count a computer purchase as a CCA expense or can I expense the entire amount if it's not large?

You can count a computer purchase as a CCA expense. 

The capital cost allowance (CCA) rate for computer and electronic office equipment and systems software for that equipment falls into one of three classes, depending on when it was purchased:

• Purchased after March 18, 2007: Class 50
• Purchased after March 22, 2004, and before March 19, 2007: Class 45
• Purchased before March 23, 2004: Class 10

If you need software or website development for your business, you may write off the costs of those items as business expenses.

In order to claim the expense as a business expense, you must use the software or website for work.

You may write off both the cost of the product as well as any amounts you pay to contractors for technical help or installation.

 

For more information, please review the links below from TurboTax Canada. 

What CCA classes should be used for computer and electronic office equipment, networking equipment, ...

Computer Software Deductions for Business Owners

 

Thank you for choosing TurboTax.