Equipment
Can I write off Office Furniture in Canada?
YES (CCA CLASS 8)
Explanation
Furniture usually falls under Class 8 (20% depreciation). This means you cannot deduct the full $1,000 desk in year one. You deduct 10% in the first year (half-year rule) and 20% of the declining balance in subsequent years.
💡 Pro Tip
If you are buying very inexpensive items (e.g., a $50 lamp), many business owners expense it immediately as 'Office Supplies' rather than tracking it as a capital asset.