Solved: What class is office furniture for CCA?

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What class is office furniture for CCA?

what class is office furniture for CCA?

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What class is office furniture for CCA?

Office furniture is generally included in Class 8 at a rate of 20%.  For more info and a list of the more common classes of depreciable property please see http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/dprcbl-eng.html#Class8

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What class is office furniture for CCA?

Office furniture is generally included in Class 8 at a rate of 20%.  For more info and a list of the more common classes of depreciable property please see http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/dprcbl-eng.html#Class8

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What class is office furniture for CCA?

If I have office furniture below 100 CAD, will this be added in Class 8 ?
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What class is office furniture for CCA?

If it is less than $500 it should not be listed. Your first year of depreciation is only half of the depreciation of 20%, making it $100 divided by 50% =$50 x 20% = $10.00.  Really not worth it.
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