Depreciating asset: Difference between revisions

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1. ''UK Tax.''  
1. ''UK tax.''  
 
An asset which has a life not exceeding 60 years.
An asset which has a life not exceeding 60 years.


2. Any asset whose value is normally expected to reduce with the passing of time.
 
2.  
 
Any asset whose value is normally expected to reduce with the passing of time.
 


== See also ==
== See also ==
* [[Assets]]
* [[Assets]]
* [[Depreciation]]
* [[Replacement asset relief]]
* [[Replacement asset relief]]
* [[Residual value]]
* [[Residual value]]
* [[Useful life]]
* [[Useful life]]
* [[Wasting asset]]


[[Category:Taxation]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 17:25, 20 November 2023

1. UK tax.

An asset which has a life not exceeding 60 years.


2.

Any asset whose value is normally expected to reduce with the passing of time.


See also