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  • What is the amortisation period applicable to a fixed asset?

What is the amortisation period applicable to a fixed asset?

The amortisation period applicable to a fixed asset is equal to the economic life of the asset, i.e. the period over which it provides economic benefits to the company.

The lenght used can vary country by country but tax authorities usually publish a list of accepted values for the main asset types (vehicle, premisses, etc.).

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