Go read your corp tax returns Paul. Your vehicle is depreciable (CCA)unless it's a lease, then it's a direct expense. Good luck getting a boat on lease, but it could probably be done with a few twists and turns. Computers are not direct expenses, but at least they upped the CCA to 45% per year.. you can only take 1/2 that in the first year of use. I suspect a boat is 30% CCA, the same as a vehicle.