Search results

Probably over a long time, using historical cost accounting, they will give the same results. In the 10 year effective life example, it's round about seven years before the total deductions using both methods match up. After that, (eg,in year 10), the total deductions for the period are...

Fredo, An interesting question. It raised questions in my mind, so I did a little research. I'm not sure if I have my rates correct. The ato site (http://www.ato.gov.au/content.asp?doc=/content/Individuals/22284.htm&page=6#P215_25397) gives a formula for the depreciation rate which gives a...