Posted on February - 16 - 2010
Computers Are a 100% Tax Deduction
Computer equipment and systems software purchased for business use become a much faster write-off with the new Capital Cost Allowance rules for such equipment purchased after January 27, 2009 and before February 1, 2011 (Class 52). The Capital Cost Allowance rate is 100% and (to make it an even better deal) the standard half-year rule does not apply, meaning that you can fully write off eligible computer equipment and systems software in the same year you purchase it.
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