The company’s valuable assets
Fixed assets — machinery, equipment, vehicles, buildings — wear out over time, and this wear is recognised through depreciation. Correct fixed asset records and a correct depreciation calculation directly affect taxable profit and expense deductibility.
What we do for you
- The fixed assets and inventory items register;
- Setting useful lives per the catalogue;
- Computing accounting and tax depreciation;
- Handling additions, disposals, write-offs and revaluations;
- Reconciling with the annual stocktake.
Why it matters
Wrongly calculated depreciation means either overpaid tax or an expense rejected at audit. We apply the rules correctly so depreciation is deductible and records pass any check.
Frequently asked questions
The gradual recognition, over the useful life, of the cost of a valuable asset. It is computed for accounting and tax, sometimes with different rules. We apply both correctly.
It depends on value and useful life. Above the legal threshold and over one year it is a fixed asset; below, an inventory item. We classify them correctly.
Yes, within the limits of the Tax Code. We compute tax depreciation separately to maximise legal deductibility.