Income tax claim for buying laptop for work


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satya_3212002   
Member since: Feb 05
Posts: 85
Location:

Post ID: #PID Posted on: 02-10-05 14:23:37

Hi Guys,
I am in need to buy a computer for my work and was just curious if I can claim the money back while filing tax return for 2005. Anyone has any similar experience ?? Is it tax deductible ??
thanks
sandy



miscut   
Member since: Mar 05
Posts: 41
Location:

Post ID: #PID Posted on: 02-10-05 15:16:31

only a portion is dedctibel, as in depreciation



miscut   
Member since: Mar 05
Posts: 41
Location:

Post ID: #PID Posted on: 02-10-05 15:17:44

as in CCA: capital cost allowance, your account willcalculate



goldeneye   
Member since: Mar 05
Posts: 454
Location: London, ON

Post ID: #PID Posted on: 02-10-05 19:21:13

Your best bet would be to consult an experienced Accountant who specializes in corporate taxation laws.( if you are asking on behalf of a company you own)


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