CCA (Capital Cost Allowance) Calculator

If you’re a business owner, investor or self-employed, with the CCA calculator you will learn how to maximize your tax deductions, understand your CCA claims over time, and help with any budgeting or tax strategy.

CCA Calculator

Capital Cost Allowance (CCA) Calculator

Capital Cost of Asset ($): CCA Rate (%): Number of Years:

Accumulated CCA Over Time:

How does the CCA calculator work?

With the CCA calculator you can estimate your tax deductions for depreciable assets over a given yearly period. You can determine how much you can clam each year and the total accumulated deduction.

The CCA calculation follows these steps:

The first-year deduction is reduced by 50% due to the half-year rule.
Each year, CCA is applied to the remaining balance (not the original cost).
The deduction continues until the asset is fully depreciated or sold.

How to use the CCA calculator

Step 1: Enter the original purchase price of the asset (before taxes)
Step 2: Add the CCA rate for the asset class (Visit here to see your CCA rate Canada.ca.
Step 3: Enter the number of years you want to calculate the CCA for.

What are the benefits of knowing your CCA?

The CCA is a tax deduction that allows both businesses and self-employed individuals to recover the cost of depreciable assets over a period of time.

Instead of deducting the full cost of an asset in the year of purchase, the CCA allows you to spread deductions over multiple years, reducing taxable income and improving cash flow.