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Level 2
posted Jan 20, 2023 3:46:41 PM

Do I need to claim a printer I purchased this year for $260 as a CCA or can I claim the whole amount as this years expence?

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1 Replies
Moderator
Jan 20, 2023 4:02:08 PM

It would be your choice. But, while you might be able to get away with claiming the whole expense this year, if you claim CCA on it (Class 50 with a CCA rate of 55%), then you can spread the expense over a few years.