The current Canadian government as part of their economic stimulus changed the rules for the capital cost allowance (depreciation/amortization) of computers to 100% with no half-year rule.
This change has allowed small business such as my clients to invest in computer infrastructure like never before. Many businesses that would not have had the initiative to invest in computers have done so because of this rule change. Technology in this day and age is vastly important to business in order to stay competitive and keep ahead of other businesses and countries. If we lag behind in technology investment, it harms the business, the country and us as individuals by not allowing us to compete on a higher level.
However, this comes to an end on midnight, January 31, 2011.
I'm asking you to sign this petition by December 31, which will be sent to Finance Minister Jim Flaherty.
I will be asking Finance Minister Jim Flaherty to not just extend this rule change but to make it permanent. I believe this will allow small business in the country to grow and flourish in the years to come.
Please support my petition by signing and help make a difference for small business in Canada.
Keep this going. upgrading equipment is way too expensive as it is and if they kill this tax break a lot of small shops are just gonna keep using ancient gear instead of growing.
S
Sarah Phillips
15 years ago
Featured
PLEASE make this permanent. small biz owners like me need every break we can get to keep up with the big guys. dont end this!
M
Mike Mathis
15 years ago
Featured
Makes sense for the economy. tech moves fast and the tax code needs to keep up. dont let this expire.
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Status: Closed — this petition is no longer accepting signatures.
The current Canadian government as part of their economic stimulus changed the rules for the capital cost allowance (depreciation/amortization) of computers to 100% with no half-year rule.
This change has allowed small business such as my clients to invest in computer infrastructure like never before. Many businesses that would not have had the initiative to invest in computers have done so because of this rule change. Technology in this day and age is vastly important to business in order to stay competitive and keep ahead of other businesses and countries. If we lag behind in technology investment, it harms the business, the country and us as individuals by not allowing us to compete on a higher level.
However, this comes to an end on midnight, January 31, 2011.
I'm asking you to sign this petition by December 31, which will be sent to Finance Minister Jim Flaherty.
I will be asking Finance Minister Jim Flaherty to not just extend this rule change but to make it permanent. I believe this will allow small business in the country to grow and flourish in the years to come.
Please support my petition by signing and help make a difference for small business in Canada.
Keep this going. upgrading equipment is way too expensive as it is and if they kill this tax break a lot of small shops are just gonna keep using ancient gear instead of growing.
S
Sarah Phillips
15 years ago
Featured
PLEASE make this permanent. small biz owners like me need every break we can get to keep up with the big guys. dont end this!
M
Mike Mathis
15 years ago
Featured
Makes sense for the economy. tech moves fast and the tax code needs to keep up. dont let this expire.
Keep this going. upgrading equipment is way too expensive as it is and if they kill this tax break a lot of small shops are just gonna keep using ancient gear instead of growing.