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swattley
New Member

What asset class do hairstyling tools fall into?

I have some expensive professional blowdryers and hot tools. what asset class do i choose?
1 Reply

What asset class do hairstyling tools fall into?

Class 12 is for small tools, which is where your tools would fit in.

As per CRA: Class 12 includes property such as tools, medical or dental instruments, and kitchen utensils that cost less than $500 and were acquired on or after May 2, 2006.

 

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