Difference between revisions of "Depreciating asset"

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1. ''UK Tax.''  
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1.  
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''UK tax.''  
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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.
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2.  
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Any asset whose value is normally expected to reduce with the passing of time.
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== See also ==
 
== See also ==
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* [[Useful life]]
 
* [[Useful life]]
  
[[Category:Taxation]]
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[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 11:46, 31 August 2016

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