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Monthly Archives: March 2020

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Calculating Depreciation

Depreciation, TaxBy kathMarch 19, 2020

There are two methods by which the depreciation of a deductible item may be calculated. The first is called ‘Prime Cost Method’. The second is called ‘Diminishing Value’.

What is a Depreciation Schedule

Depreciation, TaxBy kathMarch 12, 2020

Chances are, if you are in the property sector, you’ve heard the term ‘depreciation schedule’ tossed around a few times; and chances are, if you are reading this article, you haven’t gotten one before.

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