A-Z index

Assets

Depreciation and capital expenses and allowances
Capital allowance measures contain the rules for calculating the decline in value of depreciating assets.
Effective life of an asset
To use either of the depreciation methods, you have to work out how long the asset can be used to produce income - its effective life.
Stocktakes and assets
You need to keep records of stock and assets so you can claim for depreciation and protect your assets.