Use our free online depreciation calculator to work out the depreciation for your business.
If you are unsure which method to use, have a look at straight-line depreciation and reducing balance depreciation.
Straight Line depreciation calculator
If you are using the straight-line depreciation method and want to calculate for more than one asset, why not download our free Excel template depreciation schedule.
To use this calculator first enter the cost price of the fixed asset, then enter the number of years you are planning to use the asset over.
If your calculation requires a residual value at the end of the asset life, you will need to reduce the asset value by the residual value and enter that figure.
Reducing balance depreciation calculator
If you are unsure of the percentage to use for depreciation, you will need to speak to an accountant to confirm the figure.
To use the calculator, you will need to enter the value of the asset and then the percentage of depreciation for each year.
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