At what rate should a company's asset be written off during its life?
Insert calculator here.
| Constant % | Straight line depreciation | |||||||
| NBV | Original | Residual | Estimated | Depreciation | left | |||
| after | Cost of | Value of | Estimated | at | ||||
| Year | % | Depreciation | Depreciation | Asset | Life | End | ||
| £ | £ | years | pa | £ | ||||
| 0 | £200,000.00 | £200,000.00 | £10,000.00 | 10.00 | £19,000.00 | £10,000.00 | ||
| 1 | 20 | £40,000.00 | £160,000.00 | £200,000.00 | £60,000.00 | 7.00 | £20,000.00 | £60,000.00 |
| 2 | 20 | £32,000.00 | £128,000.00 | |||||
| 3 | 20 | £25,600.00 | £102,400.00 | |||||
| 4 | 20 | £20,480.00 | £81,920.00 | |||||
| 5 | 20 | £16,384.00 | £65,536.00 | |||||
| 6 | 20 | £13,107.20 | £52,428.80 | |||||
| 7 | 20 | £10,485.76 | £41,943.04 | |||||
| 8 | 20 | £8,388.61 | £33,554.43 | |||||
| 9 | 20 | £6,710.89 | £26,843.55 | |||||
| 10 | 20 | £5,368.71 | £21,474.84 | |||||
Used by UK Inland Revenue for corporation tax.
Use the same percentage as the Inland Revenue.
NBV = Net Book Value.
Back to top Home Serious Stuff
© 2001. Copyright Sue Nethercott.