Depreciating asset: Difference between revisions
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imported>Administrator (CSV import) |
imported>Doug Williamson m (Category added 8/10/13) |
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* [[Residual value]] | * [[Residual value]] | ||
* [[Useful life]] | * [[Useful life]] | ||
[[Category:Taxation]] |
Revision as of 08:49, 8 October 2013
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.