I am self employed and I traded my vehicle in August. Do I claim CCA on both vehicles?

Yes, you would claim CCA on both vehicles. 

In order to do this, you would go to the Employment Related Driving page and enter in the car that was traded in as a disposition besides: (If you sold the vehicle during the year, enter the total proceeds of sale)

• “Disposition” refers to when you dispose of or get rid of a property. In most cases, the proceeds of disposition is the amount you received for the property.
• However, if you traded in the property to buy a new one, the proceeds of disposition is the amount you received for the trade-in. For example, if you trade in your old car and receive a $4,000 credit toward the new one, the proceeds of disposition is $4,000.

You would then enter the new vehicle that was traded in besides: (If you purchased the vehicle during the year, enter the total cost before taxes (only claim one vehicle per step; click Enter Another Vehicle if you have more than one vehicle to claim):)

For more information on claiming CCA please refer to these TurboTax articles:

• How Much Capital Cost Allowance Can You Claim For Your Business?
• How do I claim CCA on a new vehicle