If your yoga equipment is a capital expense, you should claim CCA for them, otherwise, you can deduct them as expenses from your self-employed income or your employment income. You would need to get a T2200 form from your employer if you are an employer or a T2125 form if you are self-employed to claim yoga equipment expenses.
As per CRA, you might acquire a depreciable property, such as a building, furniture, or equipment, to use in your self-employment activities. Since these properties may wear out or become obsolete over time, you can deduct their cost over a period of several years. The deduction is called capital cost allowance (CCA). A current expense is one that generally reoccurs after a short period.
Class 8 (20%)
Class 8 with a CCA rate of 20% includes certain property that is not included in another class. Examples are furniture, appliances, and tools costing $500 or more per tool, some fixtures, machinery, outdoor advertising signs, refrigeration equipment, andother equipmentyou use in the business.
Photocopiers and electronic communications equipment, such as fax machines and electronic telephone equipment are also included in Class 8.