NOT financial advice - seek advice from a professional for your specific situation

    TaxKilnCanadian tax guidance

    CCA Classes Reference

    Capital assets are deducted over time via Capital Cost Allowance (CCA) — declining balance for most classes. This is the table self-employed Canadians use most.

    Last reviewed:

    Guidance, not advice. We explain the rules, we don't assess your situation. Always seek financial or tax advice from your accountant, or contact CRA. Read our editorial scope →

    Common CCA classes

    ClassRateDescriptionTypical assets½-year
    1 4%Buildings acquired after 1987Commercial buildingsYes
    8
    Popular
    20%Equipment, furniture, fixtures (catch-all)Office furniture, machinery, tools >$500Yes
    10
    Popular
    30%Motor vehicles (under cost cap)Passenger vehicles ≤ $30k + tax, vans, pickupsYes
    10.1
    Popular
    30%Passenger vehicles over capLuxury vehicles — cost capped at $38k (2025) for 30% calc; each in its own classYes
    12
    Popular
    100%Small tools, computer software, dies/jigsTools < $500, application software, uniforms, linensNo
    13 TermLeasehold improvementsStraight-line over lease term + 1 renewal (min 5, max 40 years)Yes
    14.1 5%Goodwill & eligible capital propertyGoodwill, customer lists, trademarks (post-2016)Yes
    43 30%Manufacturing & processing machineryM&P equipmentYes
    50
    Popular
    55%Computer hardware & systems softwareLaptops, desktops, servers, OS softwareYes
    53 50%M&P machinery acquired 2016–2025Replaced Class 29; phased out for post-2025 acquisitionsYes
    54
    Popular
    30%Zero-emission passenger vehiclesEV under cost cap (~$61,000 for 2025)Yes
    55 40%Zero-emission commercial vehiclesElectric vans, trucks, taxisYes

    Half-year rule

    For most classes, the year of acquisition allows only half the normal CCA rate on net additions (Reg. 1100(2)). Class 12 small tools and Class 14 limited-life IP are the main exceptions.

    Accelerated Investment Incentive (AII)

    For property acquired between 21 November 2018 and end of 2027, the half-year rule is suspended and a 1.5× boost applies to first-year CCA (Reg. 1104(4)). The boost phases out 2024–2027.

    Immediate expensing for CCPCs

    CCPCs (and Canadian-resident individuals / partnerships of individuals) can immediately expense up to $1.5M/year of designated "eligible property" (most CCA classes except 1–6, 14.1, 17, 47, 49, 51) acquired after 18 April 2021. The limit is shared across associated groups.

    Discretionary CCA — a planning lever

    You can claim any amount up to the maximum CCA each year. Useful in a low-income year: skip CCA, preserve UCC, and claim more in a higher-bracket future year. The undepreciated capital cost (UCC) carries forward indefinitely.

    Recapture & terminal loss

    On disposal, if proceeds exceed UCC of the pool, the excess (up to original cost) is recaptured as income (s. 13(1)). If the last asset in a class is disposed of and UCC remains, the balance is a terminal loss deductible in full (s. 20(16)).

    Related

    Business Expenses Guide

    T1 Filing Guide

    Should I Incorporate?

    Last reviewed: