How does claiming your tax deductions from capital expenditures earlier than usual sound?

With the Canadian government’s Accelerated Investment Incentive (AII), you can start generating additional profits for your company now. This applies to all machinery and processing equipment purchased after November 20, 2018 and used before 2024.


Before November 2018, if you bought machinery after 2015 with the intention of using it before 2026, a temporary, accelerated rate of 50% was used on a declining-balance basis. Now, for machinery bought after November 20, 2018 that is used before 2024, a first-year deduction of 100% applies. That’s more money in your pocket sooner!

For equipment that is used after 2023 and before 2028, phase out rates apply, as per the chart below.


If the equipment has been used, or acquired for use, for any purpose before you buy it, the Accelerated Investment Incentive applies only if both of these conditions are met:

  1. Neither the taxpayer nor a non-arm’s-length person previously owned the property; and
  2. The property has not been transferred to the taxpayer on a tax-deferred “rollover” basis.

Time to Purchase a CNC Router

Take advantage of this incentive and visit today. Whether you’re looking for an industrial, multi-purpose CNC router or a heavy-duty machine tailored to cut aluminum, you’ll find a router that’s perfect for your business from the AXYZ product line. To connect to a Sales Rep, fill out our online contact form or call the nearest office at a location near you.


The Infinite Multi-Purpose CNC Router


Pacer Heavy-Duty CNC Router