The CCA rate class for my item is 40% Can I claim 20% instead every year? Or 15% one year and then 40% the next year and so on or does it have to be consistent?
You can claim any amount for CCA you want, including 0, as long as it does not exceed the prescribed rate - 40% in your case, and the amount or percentage can be varied from year to year, again as long as you do not exceed the prescribed rate in any given year. For more info please see http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/thngs-eng.html
You can claim any amount for CCA you want, including 0, as long as it does not exceed the prescribed rate - 40% in your case, and the amount or percentage can be varied from year to year, again as long as you do not exceed the prescribed rate in any given year. For more info please see http://www.cra-arc.gc.ca/tx/bsnss/tpcs/slprtnr/rprtng/cptl/thngs-eng.html
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