If I have office furniture below 100 CAD, will this be added in Class 8 ?
Delphision
New Member
Oct 29, 2019 6:22:19 PM
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.