Capital cost allowance (CCA)

You might acquire a depreciable property to use in your business or professional activities, such as:

• a building;
• furniture; or
• equipment.

You cannot deduct the cost of the property when you calculate your net business or professional income for the year.

However, since these properties wear out or become obsolete over time, you can deduct their cost over a period of several years. The deduction for this is called capital cost allowance (CCA).

Enter the amount on line 9936 of Form T2125, Statement of Business or Professional Activities.

Forms and publications

• Guide T4002, Business and Professional Income
• Form T2125, Statement of Business or Professional Activities

Related topics

• Reporting capital cost allowance (CCA)