Difference between revisions of "Depreciating asset"
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| − | 1. ''UK | + | 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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* [[Residual value]] | * [[Residual value]] | ||
* [[Useful life]] | * [[Useful life]] | ||
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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.
