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Can I claim an amount under $500 in CCA class 8?
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posted
October 31, 2019
1:59 AM
last updated
October 31, 2019
1:59 AM
1 Best answer
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Can I claim an amount under $500 in CCA class 8?
Yes! Class 8 includes "Furniture regardless of cost and Tools under $500 can go in 8 or 12.
October 31, 2019
1:59 AM
3 Replies
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Can I claim an amount under $500 in CCA class 8?
Yes! Class 8 includes "Furniture regardless of cost and Tools under $500 can go in 8 or 12.
October 31, 2019
1:59 AM
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Can I claim an amount under $500 in CCA class 8?
What about items under $500 for my photography business such as a $130 space heater for my office? $450 camera harness? $430 stand or sit desk? Would these be considered tools under class 12? Or would I add these up to $1010 and put them in class 8?
February 13, 2023
6:19 PM
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Can I claim an amount under $500 in CCA class 8?
The $500 limit is for tools only. The items you've listed would go under class 8. You would enter each one separately, and they will automatically be combined into the class 8 pool.
February 17, 2023
5:19 PM