Free Depreciation Calculator

WDV & SLM methods. Income Tax Act & Companies Act rates. Year-by-year schedule.

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Total Depreciation
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Written Down Value
WDV: Depreciation charged on opening WDV each year at fixed rate. Amount decreases yearly. Standard for Income Tax Act.
YearOpening WDVDepreciationClosing WDV

Depreciation Calculator — FAQ

WDV vs SLM — What's the difference?
WDV: Rate applied on opening balance each year. Amount decreases yearly. For Income Tax.
SLM: Equal depreciation every year on original cost. For Companies Act (accounting).
What are IT depreciation rates?
Building: 10%, Furniture: 10%, Plant & Machinery: 15%, Computers: 40%, Vehicles: 15%, Intangibles: 25%. Applied on WDV.
What is block of assets?
Assets of the same type with the same rate are grouped into a "block." Depreciation is calculated on the aggregate WDV of the block.
Is this free?
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