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Reformed investment deduction 2025

JD
2024-12-30

Question

As a start-up entrepreneur with a sole proprietor, I need to purchase a new laptop for the business. What about the investment deduction from this purchase?

And does it make a difference if it was purchased at the end of December ’24 or if it is better to wait until the beginning of ’25?

Thank you in advance for your response.

Kind regards

Jan

To view for eligibility. Not eligible: investments "that are not used exclusively for professional activities". I thought that a laptop was typically not 100% professional. I took 75%.

Purchase in 2024 = income tax/investment deduction income 2024 / tax year 2025.
Purchase in 2025 = income tax/investment deduction income 2025 / tax year 2026.

If you purchase at the end of 2024, you can depreciate from the beginning of 2024 (or the date of incorporation if incorporated in 2024).

(Disclaimer: I am not an accountant/tax specialist, just an "expert" based on experience who tries to make the best of it.)

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