Tuesday, January 27, 2009

A Good Reason for Canadian Businesses to Buy Computers

There's an interesting gem at the bottom of Page 23 of the new federal budget:

Introducing a temporary 100-per-cent capital cost allowance (CCA) rate for computers acquired after January 27, 2009 and before February 1, 2011.

This means that businesses, be they small or large, can write-off 100% of computer purchases rather than having to depreciate them over time. More incentive than ever to buy a computer!

2 comments:

Anonymous said...

Hmm...computers...seems pretty open to interpretation to me...

For example, I'm sure they will accept desktops/workstations and laptops as "computers", but what if I try to expand that include to rack-mounted servers or enterprise-level switches and routers?

Anonymous said...

One more thing...businesses....seems pretty open to interpretation as well...

I mean, I'm sure they will accept incorporated entities as "businesses", but what about sole proprietorships?