Depreciating asset: Difference between revisions

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imported>Doug Williamson
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1.  
1. ''UK tax.''  
 
''UK Tax.''  


An asset which has a life not exceeding 60 years.
An asset which has a life not exceeding 60 years.




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


[[Category:Accounting,_tax_and_regulation]]
[[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