Take Advantage of Increased Tax Write-Offs for Computer, Machinery and Equipment Purchases

Capital cost allowance (CCA) is a business expense that is used to reduce business income over time. It represents the cost of depreciating property that cannot be written off all in one year. The 2009 budget replaced the CCA rate for investments in machinery and ...

33 Comments   |   Posted in Financial Planning for Business Owners,Tax Planning December 06, 2009