buksoCCA capital cost allowance classes vehicle
Not tax advice. General bookkeeping information only, checked against the official sources linked below (Canada Revenue Agency, IRS, provincial governments and Justice Laws) on Oct 17, 2026. Rules change; check with your accountant before you file.
Canada
Big purchases are claimed over time as capital cost allowance (CCA), not expensed at once. Common classes: Class 10 (30%) for most vehicles; Class 10.1 (30%) for a passenger vehicle that cost more than the yearly limit before tax, listed separately; Class 50 (55%) for computers; Class 12 (100%) for most software and small tools. The Class 10.1 limit was $38,000 for 2025. Finance Canada announced $39,000 for passenger vehicles bought on or after January 1, 2026 (the CRA classes page still shows the 2025 list as of October 2026). and https://www.canada.ca/en/department-finance/news/2026/01/government-announces-the-2026-automobile-deduction-limits-and-expense-benefit-rates-for-businesses.html
Official source: canada.ca