General equipment, tools and furniture: eligible
Class 8 is the catch-all for equipment that does not fit elsewhere, written off at just 20% a year. This is where the Mega Deduction changes the most: a $50,000 kitchen or workshop refit that used to take a decade to deduct is now fully deductible in year one.
Examples of tools, furniture and general equipment
- power tools and shop equipment over $500
- office furniture and fit-out
- restaurant and commercial kitchen equipment
- dental chairs, medical devices and lab equipment
Planning tip
Tools under $500 each are already Class 12 (100%). Group larger purchases and keep them separate on your asset schedule.
CCA Class 8 · regular rate 20% declining balance · half-year rule normally applies in year one.
Calculate the deduction on tools, furniture and general equipment
Worked examples (Ontario)
| Purchase | Old year-one deduction | New year-one deduction | Tax reduction, small business rate | Tax reduction, general rate |
|---|---|---|---|---|
| $25,000 | $2,500 | $25,000 | $2,800 | $6,625 |
| $100,000 | $10,000 | $100,000 | $11,200 | $26,500 |
| $250,000 | $25,000 | $250,000 | $28,000 | $66,250 |
General equipment, tools and furniture by province
- General equipment, tools and furniture in Alberta
- General equipment, tools and furniture in British Columbia
- General equipment, tools and furniture in Saskatchewan
- General equipment, tools and furniture in Manitoba
- General equipment, tools and furniture in Ontario
- General equipment, tools and furniture in Quebec
- General equipment, tools and furniture in New Brunswick
- General equipment, tools and furniture in Nova Scotia
- General equipment, tools and furniture in Prince Edward Island
- General equipment, tools and furniture in Newfoundland and Labrador
- General equipment, tools and furniture in Yukon
- General equipment, tools and furniture in Northwest Territories
- General equipment, tools and furniture in Nunavut
Free: the Year-End Purchase Checklist (PDF)
One page. What qualifies, what does not, the 'available for use' trap, and the seven questions to ask your accountant before you buy. No spam, unsubscribe any time.
The Mega Deduction Year-End Playbook
Everything you need to walk into your accountant's office with a plan instead of a question. Built for owner-managed Canadian businesses that expect a profitable 2026.
- Excel purchase planner with every province's rates and every CCA class pre-loaded. Model up to 12 purchases, see the year-one deduction, tax reduction and 10-year comparison for each.
- The 41-page Playbook (PDF): eligibility by asset class, the exclusions, 'available for use' rules, financing vs. leasing, recapture risk, CCPC vs. sole proprietor, and worked examples for 12 industries.
- Accountant brief template (Word): a one-page memo you fill in and send so your accountant can confirm the plan in one email instead of a meeting.
- 30-day action plan for purchases that must be delivered and installed before your fiscal year-end.
$97$47 CAD one-time, instant download
Secure checkout by Stripe. Files delivered immediately after payment. Not tax advice; every plan should be confirmed by your accountant.