Budget 2009 proposes a temporary 100 -per- cent cca rate for elegible computers and software acquired after January 27,2009 and before 2011. This 100% cca rate will not be subject to the half-year rule,which generally allows half the cca write-off otherwise available in the year the asset is first available for use by the taxpayer. As a result of this measure, a business will be able to fully deduct the cost of an eligible computer ( including the systems software for that computer) in the first year that cca deductions are available.
The 100% cca rate will also apply to property that is currently included in cca class 29, that would otherwise be described in class 50.