Depreciating asset: Difference between revisions
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imported>Doug Williamson m (Category added 8/10/13) |
imported>Doug Williamson m (Tax/Pension check - spacing added 23/10/13) |
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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 == | ||
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* [[Useful life]] | * [[Useful life]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 13:17, 23 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.
