100% Computer Write-off until February 1, 2011

In case you forgot or never knew, we wanted to remind you that the government is allowing a 100% Capital Cost Allowance business expense tax benefit until February 1st, 2011 on new computer equipment purchases.

The program allows companies to write-off 100% of any computer equipment and systems software acquired after January 27, 2009 and before February 2011 for taxes. This only applies to new equipment used in Canada, and the program ends February 1st, 2011.

For more information visit: CRA Amendment of CCA for Computers