+1 (647) 384-9663

Contact Us »

720 Davis Dr, Uxbridge, ON L9P 1R2

According to KPMG. CRA's recently announced enhancements to CCA rules could save you $$$ buying new or used Woodworking Machinery

Posted Nov 28th, 2018 in General

According to KPMG. CRA's recently announced enhancements to CCA rules could save you $$$ buying new or used Woodworking Machinery

Canada Announces Enhanced Capital Cost Allowances

Check out this announcement by the world renown accounting firm, KPMG.   It could be something that would help to save you tax $$$ !

As we read this, if you buy new or used equipment anytime after Nov 20 (as long as it’s arms-length) you can expense the entire cost in the year of purchase, rather than having to capitalize & claim partial depreciation expenses over multiple years.

Ask your tax accountant to get the appropriate advice that is right for your business. It looks like it can even apply if you buy one of our NEW Artisan machines now and take delivery in the future.

Read more...

Canada Announces enhancements to CCA


Email me at ivanfudge@brightonmachines.com
or give me a call at (647) 384-9663

Ivan

Contact Us

Get the latest updates, new products and information from Brighton