Mega Deduction Calculator

Heavy trucks and tractors: eligible

Class 16 covers freight trucks and tractors rated for highway use at 40%. Trucking operators buying units in the fall now get the whole purchase against this year's income.

Examples of heavy trucks and highway tractors

  • highway tractors for hauling freight
  • heavy-duty trucks over 11,788 kg
  • taxis and rental vehicles

Planning tip

A unit delivered and plated before year-end is available for use even if it has not started a route.

CCA Class 16 · regular rate 40% declining balance · half-year rule normally applies in year one.

Calculate the deduction on heavy trucks and highway tractors

Advanced assumptions

Worked examples (Ontario)

PurchaseOld year-one deductionNew year-one deductionTax reduction, small business rateTax reduction, general rate
$25,000$5,000$25,000$2,800$6,625
$100,000$20,000$100,000$11,200$26,500
$250,000$50,000$250,000$28,000$66,250

Heavy trucks and tractors by province

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.

Year-end planning kit

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

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Secure checkout by Stripe. Files delivered immediately after payment. Not tax advice; every plan should be confirmed by your accountant.