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posted Oct 31, 2019 12:11:15 AM

Purchased a portable shelter and wondering where to include the cost of this purchase?

This shelter is 30 x 85' and used as storage.

a number of other materials were used to complete construction are they also entered in the same category as the building

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Moderator
Oct 31, 2019 12:11:17 AM

You may want to consult the CRA (1-800-959-8281) on this issue, as it depends on how permanent this structure is and what it is made out of. It could be Class 1 (4%), Class 6 (10%) or maybe Class 8 (20%).

This is a CRA page with the different CCA classes listed: https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/sole-proprietorships-partners...