Personal Finance

CCA depreciation rate on digital cameras, lenses

  • Last Updated:
  • Sep 22nd, 2009 8:46 pm
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[OP]
Jr. Member
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Sep 28, 2002
165 posts
8 upvotes

CCA depreciation rate on digital cameras, lenses

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.
To alcohol - the cause of and solution to all of life's problems.
4 replies
Sr. Member
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Jan 1, 2009
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Vancouver
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.
[OP]
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Sep 28, 2002
165 posts
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Thanks, this is helpful... What photographic equipment would be classified under the Computer (Class 50) for 100% depreciation?
To alcohol - the cause of and solution to all of life's problems.
Deal Addict
Dec 28, 2006
2374 posts
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Saskatoon
dufFWant wrote:
Sep 22nd, 2009 4:05 pm
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.
Deal Addict
Oct 9, 2005
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I used class 8 for my new lens on my 2008 return.
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