assets to applying for different rates for an asset.A list of Inland Revenue services.This lists and explains many of the words and terms we use in this publication.In legal terms, depreciable intangible assets,
Smaller valued assets don’t need to have a residual value applied (so they end up with a $0.00 value) which reduces the complexity of depreciation, but larger ones, such as a company vehicle can have a residual value which is the amount the business may be able to sell it for after ...