Post #112 — PayBook

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Brand

PayBook

Platform

instagram

Status

Draft

Pillar

educational

Created

May 10, 2026 8:14am PDT

🍁 Canadian Business Owners: Use the "6-Month Rule" for Capital Purchases Planning to buy equipment, software, or tools for your business? Here's a CRA-friendly strategy most miss: If you buy assets worth $500+ in the last 6 months of your fiscal year, you can only claim 50% of the depreciation (CCA) in year one. The hack: Purchase big-ticket items in the FIRST half of your fiscal year to maximize your immediate tax deduction. Example: Buy a $2,000 laptop in January vs. November = significantly more tax savings in year one. This simple timing shift can improve both your cash flow AND reduce your tax bill. What's the biggest business purchase you're planning this year? 🤔

#CanadianBusiness #CRA #TaxTips #SmallBusiness #BookkeepingTips #CashFlow #PayBookCanada #BusinessFinance #TaxPlanning #Entrepreneurs

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