Infobase

Check here regularly for the latest accounting & tax info, news and business advice.

What is depreciation

What is Depreciation & How Does it Work?

As a business owner or property investor you’re entitled to make a tax claim for depreciation – but what exactly is depreciation? It’s best described as the devaluation of your assets over a number of years and different assets have different life spans so that’s why the depreciation rates differ.

Read More »

Topic