Companies
Depreciation rates IR265
(published June 2011)
About this guide
You are required to claim depreciation on an asset and then account for it when you dispose of that asset. We recommend that you consult a tax agent when considering claiming for depreciation, however, it is still your responsibility to be aware of your tax obligations. This guide sets out the general and provisional depreciation rates, both diminishing value (DV) and straight line (SL), that apply for assets acquired on or after 1 April 2005.
Adobe Acrobat PDF | 332kb | 58 pages
When to use this guide
This document has been updated with the changes from the Taxation (Budget Measures) Act 2010
Learn here what the general and provisional depreciation rates are that apply for assets acquired on or after 1 April 2005. For depreciation rates prior to 1 April 2005 refer to our Historic depreciation rates (IR267) guide.
What you will need