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Most small tools in Class 12 are not subject to the half-year rule. It also includes video-cassettes, video laser discs and digital video disks that you rent and do not expect to rent to any one person for more than 7 days in a 30-day period. add to Class 1 any additions or alterations over these limitsĬlass 12 includes property such as tools, medical or dental instruments, and kitchen utensils that cost less than $500 and were acquired on or after May 2, 2006.Ĭlass 12 includes china, cutlery, linen and uniforms.the part of the cost of additions or alterations over $100,000 made after 1987, but only up to $500,000 or 25% of the cost of the building, whichever is less.the part of the cost of all additions or alterations over $100,000 made after 1978 and before 1988.add to Class 6 the first $100,000 of additions or alterations made after 1978.you started construction of the building before 1979 (or it was started under the terms of a written agreement you entered into before 1979), and the footings or other base supports of the building were started before 1979Īlso include in Class 6 certain greenhouses and fences.įor additions or alterations to such a building:.you entered into a written agreement before 1979 to acquire the building, and the footings or other base supports of the building were started before 1979.If none of the above conditions apply, include the building in Class 6 if one of the following conditions applies:

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If any of the above conditions apply, you also add the full cost of all additions and alterations to the building to Class 6.

the building has no footings or other base supports below ground level.

the building is used to gain or produce income from farming or fishing.

In addition, one of the following conditions has to apply: Include a building in Class 6 with a CCA rate of 10% if it is made of frame, log, stucco on frame, galvanized iron, or corrugated metal. Manufacturing and processing buildings that do not meet the 90% use test will be eligible for the additional 2% allowance if at least 90% of the building is used in Canada for non-residential purposes at the end of the tax year. To be eligible for the 6% additional allowance, at least 90% of a building (measured by square footage) must be used in Canada for the designated purpose at the end of the tax year. The additional allowance applies to buildings acquired after March 18, 2007, (including a new building, if any part of it is acquired after March 18, 2007, when the building was under construction on March 19, 2007) that have not been used or acquired for use before March 19, 2007. If you do not file an election to put it in a separate class, the 4% rate will apply.

To make the election, attach a letter to your return for the tax year in which you acquired the building. To be eligible for one of the additional allowances, you must elect to put a building in a separate class. The CCA rate for other eligible non-residential buildings includes an additional allowance of 2% for a total rate of 6%. The CCA rate for eligible non-residential buildings acquired by a taxpayer after March 18, 2007, and used in Canada to manufacture or process goods for sale or lease includes an additional allowance of 6% for a total rate of 10%. Class 1 also includes the cost of certain additions or alterations you made to a Class 1 building or certain buildings of another class after 1987. Class 1 includes most buildings acquired after 1987, unless they specifically belong in another class.