CRA depreciation, done right — automatically.
Capital Cost Allowance is where fleet accounting gets painful. Steer pools, classifies and rolls forward your UCC so year-end is a download, not a project.
The UCC ledger that rolls forward by itself.
Steer pools assets by year, type and class, then computes every year automatically: opening UCC, additions with the AccII bonus, dispositions, and the current claim.
- Class 16 @ 40% for heavy trucks (GVW > 11,788 kg)
- Class 10 @ 30% for trailers and lighter equipment
- Accelerated Investment Incentive (AccII) applied by in-service date
- Recapture & terminal loss on disposal, half-year rule where it applies
- Rate overrides require accountant sign-off — audit-safe by default
| Year | Opening UCC | Additions | CCA claimed | Closing UCC |
|---|---|---|---|---|
| 2022 | $0 | $260,386 | $104,154 | $156,232 |
| 2023 | $156,232 | $0 | $62,493 | $93,739 |
| 2024 | $93,739 | $0 | $37,496 | $56,243 |
| 2025 | $56,243 | $0 | $22,497 | $33,746 |
2022 reflects the AccII 1.5× enhanced first-year allowance. Exportable as T2 Schedule 8 XML.
What your accountant gets.
Schedule 8 ready
UCC pools mapped to CRA classes and exportable as T2 XML — drop it straight into your tax software.
Every override footnoted
If you deviate from a default rate, it's logged, signed and explained. Auditors love it; you sleep better.
Disposals handled
Sell, return or write off a truck and the pool adjusts — recapture or terminal loss computed for you.
Make year-end a non-event.
Start your free trial and import last year's purchases — see the full UCC schedule build itself.