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  • Lesser of 1/5 Cost 1,800.00 Cost/ (Lease Term + First Renewal Period) 1,500.00

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    Elsa Aly
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    1. The document shows capital cost allowance (CCA) calculations for various classes of assets purchased and disposed of by a company over two years. 2. It lists the CCA rates for each class, purchases and disposals for 2021 and 2022, and the ending undepreciated capital cost (UCC) balance for each class at the end of each year. 3. Some assets such as those in Class 10.1 and Class 14.1 had terminal losses or recapture amounts that affected the ending UCC balances.

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    engineering 1

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    1. The document shows capital cost allowance (CCA) calculations for various classes of assets purchased and disposed of by a company over two years. 2. It lists the CCA rates for each class, purchases and disposals for 2021 and 2022, and the ending undepreciated capital cost (UCC) balance for each class at the end of each year. 3. Some assets such as those in Class 10.1 and Class 14.1 had terminal losses or recapture amounts that affected the ending UCC balances.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    3 views4 pages

    Lesser of 1/5 Cost 1,800.00 Cost/ (Lease Term + First Renewal Period) 1,500.00

    Uploaded by

    Elsa Aly
    1. The document shows capital cost allowance (CCA) calculations for various classes of assets purchased and disposed of by a company over two years. 2. It lists the CCA rates for each class, purchases and disposals for 2021 and 2022, and the ending undepreciated capital cost (UCC) balance for each class at the end of each year. 3. Some assets such as those in Class 10.1 and Class 14.1 had terminal losses or recapture amounts that affected the ending UCC balances.

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    © All Rights Reserved
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    of 4

    Class 8 (CAN

    ELECT TO PUT IT
    IN A SEPARATE
    CLASS -
    TERMINAL LOSS
    Class 53 Class 1 MB Class 12 Class 50 CAN UTILIZE IT) Class 8 Class 14.1 Class 10 Class 10.1 Class 14 Class 13 Leasehold
    50% 10% 100% 55% 20% 20% 5% 30% 30% S.L. S.L Lesser of
    May 1 - UCC - - - - - - - - - - - 1/5*Cost 1,800.00
    Purchases 20,000 500,000 68,000 12,000 6,000 17,500 4,000 28,000 30,000 30,000 9,000 Cost/(Lease Term + First Renewal Period) 1,500.00
    Disposals - - - - - - - - - - -
    UCC B4 Adj 20,000 500,000 68,000 12,000 6,000 17,500 4,000 28,000 30,000 30,000 9,000
    Net Purchases 20,000 500,000 68,000 12,000 6,000 17,500 4,000 28,000 30,000 30,000 9,000 IS P-D
    aii exception 250,000 0 exception 6,000 3,000 8,750 2,000 14,000 15,000 - - not 43.1, 43.2, 53 - bumps rate tp 100% for 53
    Half Yr Rule - - - - - - - - - -
    UCC B4 CCA 20,000 750,000 68,000 18,000 9,000 26,250 6,000 42,000 45,000 30,000 9,000
    CCA - 13,425 - 50,342 - 45,644 - 6,645 - 1,208 - 3,524 - 201 - 8,458 - 9,062 - 10,068 - 1,510 0.67 number of days / 365 to prorate
    RECAPTURE - - - - - - - - - - - bc of short fiscal yr
    TERMINAL LOSS - - - - - - - - - - -
    ADD - ALL - - 250,000 - 6,000 - 3,000 - 8,750 - 2,000 - 14,000 - 15,000
    ADD HALF YR RULE - - - - - - - - - - -
    UCC - Dec 31 6,575 449,658 22,356 5,355 4,792 13,976 3,799 19,542 20,938 19,932 7,490

    UCC - jan 1 22 6,575 449,658 22,356 5,355 4,792 13,976 3,799 19,542 20,938 19,932 7,490
    Purchases - - - - - - - - - - -
    Disposals 23,000 4,000 23,000
    UCC B4 Adj 6,575 449,658 - 644 5,355 792 13,976 3,799 19,542 - 2,06219,932 7,490
    Net Purchases - - - 23,000 - - 4,000 - - - - 23,000 - - NOTE IF NP IS - u cant take CCA
    aii didn’t buy anything this yr
    Half Yr Rule didn’t buy anything this yr
    UCC B4 CCA 6,575 449,658 - 644 5,355 792 13,976 3,799 19,542 - 2,062 19,932 7,490
    CCA - 3,288 - 44,966 0 - 2,945 - 2,795 - 190 - 5,863 - 3,141 - 10,000 - 1,500 1.00
    RECAPTURE LAST644
    ITEM IN POOL GAVE U + BALANCE - DIDN’T TAKE ENUFF CCA
    TERMINAL LOSS 792 NOT RECAP OR TERM LOSS - 10.1 = GIVE U SOME CCA TO OFFSET TERM LOSS OR RECAP
    ADD - ALL
    ADD HALF YR RULE
    UCC - Dec 31 3,288 404,692 2,410 11,181 3,609 13,680 still 0 tho 9,932 5,990
    Class 1 MB Class 14.1 Class 53 Class 12
    10% 5% 50% 100% Class Items immediately expensed Amt
    May 1 - UCC
    Purchases
    Disposals
    UCC B4 Adj
    Net Purchases
    aii
    Half Yr Rule
    UCC B4 CCA
    CCA
    RECAPTURE
    TERMINAL LOSS
    ADD - ALL
    ADD HALF YR RULE
    UCC - Dec 31

    UCC - jan 1 22
    Purchases
    Disposals
    UCC B4 Adj
    Net Purchases
    aii
    Half Yr Rule
    UCC B4 CCA
    CCA
    RECAPTURE
    TERMINAL LOSS
    ADD - ALL
    ADD HALF YR RULE
    UCC - Dec 31
    137505

    76750
    15350
    ceca - intangible class 14.21
    135 ffshhsf
    22314

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