Completing the Depreciation Worksheet 2025
For COVID changes, see COVID-19 Support Package: Changes to depreciation 2025.
This worksheet comprises a series of tab cards and fields for entering the details of the asset being depreciated. Once the asset has been entered, Tax will manage it from year to year, calculating depreciation for each year and updating the Closing adjustable income from one year to be the Opening adjustable value in the succeeding year.
Tab name | Refer to |
---|---|
Details (main data entry screen) | Asset Details 2025 |
Disposal | Disposals 2025 |
Integration | Asset Integration 2025 |
Prime Cost Changing Effective Life | PC Effective Life Adjustment 2025 |