• How to recalculate effective life

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    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

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    You work out the recalculated effective life from the depreciating asset's start time. You use the same principles to recalculate the effective life of a depreciating asset as you would to work out the original effective life yourself - see Working out the effective life yourself.

    Last modified: 18 Jul 2006QC 27742