Business Depreciation Calculator | Quick Guide
By Tax&Facts | Published on | Read: 3 Mins
Q&A
What is depreciation?
Spreads the cost of a business asset over its useful life for tax purposes.
Which depreciation method should I use?
- Straight Line → Even depreciation over time
- Declining Balance → Accelerated depreciation
- Unit of Production → Based on asset usage
How do I handle different asset types?
Use calculators for office furniture, computers, and other equipment to get accurate depreciation.
Why is depreciation important?
Reduces taxable income and helps track asset value for accounting purposes.
Tools and Resources
Straight Line
Calculate depreciation using the straight-line method.
👉 Straight Line Calculator
Declining Balance
Calculate depreciation using the declining balance method.
👉 Declining Balance Calculator
Unit of Production
Calculate depreciation based on actual usage or output.
👉 Unit of Production Calculator
Office Furniture & Computer
Dedicated calculators for office furniture and computer assets.
👉 Office Furniture & Computer Calculators
