CCA depreciation rate on digital cameras, lenses

[dufFWant]

I can't find any information related to the CCA rate on photographic equipment, specifically a digital camera and lenses.

This would be expenses related to a photography business.

Any help would be appreciated.

[Cypherus21]

I think Class 8 (miscellaneous) for a 20% deduction each year would be best fit for digital photography equipment if they exceed $200. If they're less than $200, throw them into Class 12 for a 100% deduction in the given year. I think the Class 12 $200 threshold is proposed to be changed to $500, although nothing yet has been passed into law.

[dufFWant]

Thanks, this is helpful... What photographic equipment would be classified under the Computer (Class 50) for 100% depreciation?

[ghostryder]

Thanks, this is helpful... What photographic equipment would be classified under the Computer (Class 50) for 100% depreciation?

Class 50 is 55%

Class 52 is 100%

I don't see photographic equipment fitting in either class. I cannot find "camera" or "photographic" anywhere in the class descriptions so it would probably end up in class 8 since no other class applies.

[guessaaa]

I used class 8 for my new lens on my 2008 return.