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Typical Policies

5 August, 2015 - 16:32

Type of Asset


Motor Vehicles

Reducing Balance 25%

Leasehold Property

Straight-line over the length of the lease

Freehold land

Never depreciated. Only fixtures on land can be depreciated as land never loses its "useful life"

Fixtures and Fittings

Reducing Balance 15%

Computer Equipment

Straight-line 3 years or companies may expense it when purchased