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Undepreciated Capital Cost (UCC)

Undepreciated Capital Cost

Undepreciated capital cost is the capital cost associated with a specific improvement under a particular class, less any capital cost allowance already taken and less previous disposals in the same class.

Example Capital Cost Allowance – Undepreciated Capital Cost (UCC)

Assume that the capital cost allowance for an item is ten years, with a prorated straight line calculation of depreciation. Following are the entries for the first two-year period:

	Capital Cost	$20,000
	First Year Depreciation (1/10th of $20,000)	-2,000
	Remaining Capital Cost (UCC)	18,000
	Second Year Depreciation (1/10th of $20,000)	-2,000
	Remaining Capital Cost (UCC)	$16,000

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