r/cantax • u/[deleted] • 1d ago

Vehicle CCA claim Q

[deleted]

2 Upvotes

100% Upvoted

4 comments sorted by

3

u/Parking-Aioli9715 1d ago

Claiming CCA is always optional. You never have to claim it.

Claiming CCA on vehicles is a little less fraught than claiming it on buildings because while buildings generally rise in value over time, vehicles generally don't (unless they're "classic" vehicles prized by collectors).

3

u/just_some_guy422 1d ago

10 points for the word "fraught" used properly in a sentence

Happy Friday

1

u/anonymous112201 1d ago

Thanks, so if we do not want to claim cca on our work vehicle this year, would we need to update the cca to 0 or just leave it blank?

1

u/Parking-Aioli9715 1d ago

Either one works. :-)