Dates and location
Pricing
Hours
Dates and location
Pricing
Hours
Description
Capital cost allowance changed more than once in 2026. The Accelerated Investment Incentive was reinstated by law, several classes now get a 100% first year write off, a 100% deduction for manufacturing and processing buildings is before Parliament, and the Department of Finance has proposed the Productivity Mega Deduction: permanent immediate expensing for most depreciable property. Every owner manager will ask the same question at year end: should I buy now, and how much can I write off?
Capital Cost Allowance in 2026 gives you the answer. Module one rebuilds the CCA toolkit every practitioner relies on: the class pool, available for use, the half year rule, recapture and terminal loss, immediate expensing and the Accelerated Investment Incentive. Module two sets out which 2026 measures are law and which are only proposed, explains how the draft Mega Deduction rules work, and shows how to file a 2026 return while the rules are still moving.
This is not a survey of the legislation. Each topic is taught through the Income Tax Act and Regulations, the Department of Finance's draft legislation, the CRA's own published views and the court decisions that shape how the rules are applied, including a Supreme Court of Canada case on terminal losses and a Federal Court of Appeal case on changing old CCA claims. One realistic client file, an Ontario cabinet manufacturer and its owner, runs through both modules, so you see how the rules interact on a single engagement, ending with a complete 2026 T2 Schedule 8 under enacted law and again under the proposals.
Because the course is fully on demand, you can study at your own pace, pause to work through the examples, and return to specific topics whenever a client file calls for them.
You will leave able to prepare and review 2026 returns with confidence and to give your clients clear, practical advice on the timing of their capital purchases.
Prerequisites: None. A working knowledge of Canadian income tax compliance is assumed.
What is Included
- 1 hour 25 minutes of on demand recordings across two modules, available to watch at your own pace and 20 minutes of Q&A
- Presentation slides for both modules, including quick reference summaries of the key Income Tax Act provisions and Regulations
- A tracker of the CRA views and court cases reviewed for the course, with a summary of each
- Worked examples built around one continuous client case file
| Session | Description |
|---|---|
|
Module 1: The CCA Toolkit |
Everything you need to read and review a 2026 Schedule 8 with confidence.
|
|
Module 2: 2026 and the Tax Return |
What is law, what is proposed, and how to file while the rules are still moving.
|
Key Takeaways
Upon completion of this course, you will be able to:
- Compute CCA class by class, including available for use timing, the half year rule and short taxation years.
- Identify and compute recapture and terminal loss, including separate classes for rental property and the special rules for Class 10.1 vehicles.
- Explain immediate expensing and the Accelerated Investment Incentive, and apply the reinstated first year rates that are now law.
- Advise clients on the consequences of not claiming CCA in the year of acquisition, and on when a filed claim can be revised.
- Distinguish the 2026 measures that are law from those that are proposed, and explain how the Productivity Mega Deduction would work.
- Prepare a 2026 T2 Schedule 8 under enacted law, show the effect of the proposals, and identify the issues for individuals, rental owners and partnerships.
- Advise a client on whether to expense a company car or elect to keep it in Class 10.1.
Who Will Benefit
- Tax professionals in CPA firms who prepare or review corporate, personal, rental and partnership returns.
- Practitioners serving owner managed businesses who advise clients on the timing of capital purchases.
- Tax managers and senior accountants who review CCA schedules and year end planning.
- Tax and finance professionals in industry who manage tax depreciation and tax provisions for their organizations.
- Accountants and bookkeepers who prepare CCA schedules and want a solid, current refresher.
How to Access the Course
To access your course, visit the CPA Ontario Blackboard site and sign in using the same username and password used for the Registration Portal. You can also access your course through the Blackboard Learn app (iOS or Android).
Important: Course access begins on the date of purchase and remains available for the Access Time specified for the course under Dates and Location. Please review the access time before purchasing. Note that it may take up to 15 minutes after registration for the course to appear in Blackboard.
Registration, cancellation, withdrawal, and other CPA Ontario PD policies can be found here.
Speaker(s)
Haroon Khan, CPA, CA, U.S. CPA is a founding partner of IC Tax & Accounting Solutions with over 15 years of experience in public accounting and corporate tax advisory. His professional background includes senior roles at large public accounting firms, where he worked on mergers and acquisitions, international inbound structures, and cross-border Canada–U.S. tax matters. He specializes in Canadian corporate taxation, shareholder compensation planning, and advising owner-managed businesses. Haroon is both a Canadian CPA, CA and a U.S. CPA (Illinois) and has completed all three parts of CPA Canada’s In-Depth Tax Program. He is an experienced educator and regularly teaches CPAs through CPA Canada Professional Development programs and other advanced tax training initiatives.