| Just a reminder to those who are thinking to purchase computer equipment to expand the business as the incentive from the Government will expire soon.
According to the 2009 budget, business is allowed to claim the accelerated capital cost allowance CCA) for eligible computers 100% of computer costs (including systems software) purchased after January 27, 2009 and before midnight, January 31, 2011. Please see more details and conditions under the heading Class 52 (100%)from the following link: http://www.cra-arc.gc.ca/tx/bsnss/tpcs/rntl/cca-dpa/clsss-eng.html#class52
Feel free to contact me at aliu@annawliu.com or 905-415-3044 if there is any tax or business planning issues that I can help with. You may also take a look of my website at www.annawliu.com that I am trying to update and provide more linkage to the direct webpage of resources for business needs. |
