How to calculate UCC

Tax Topics
1

Hi there,

I want to claim CCA for my vehicle which I bought in 2023 and usings since for my business 50/50. I didn’t claim CCA last year. How should I calculate UCC as it not available on my last year statement( showing 0 CCA claimed and no UCC available). What are the steps to calculate UCC in my situation?

TIA

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https://www.canada.ca/en/revenue-agency/services/tax/businesses/small-businesses-self-employed-income/business-income-tax-reporting/business-expenses/motor-vehicle-expenses.html

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Thanks @Nezzer