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Lori310
April 16, 2022
Question

What class does a printer go under for business expenses?

  • April 16, 2022
  • 1 reply
  • 0 views
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    1 reply

    N
    N01405817
    April 17, 2022

    You would list it as an addition in class 50 at 55% depreciation.  In the first year, you will only deduct half of the depreciation per the half-year rule.  Unless this is a fairly expensive item, you could write it off in the third year.

     

    You can get more information on Class 50 (55%) from this Canada Revenue Agency (CRA) page: Class 50 (55%)

     

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