Depreciating assets effective life, cost and decline in value

What is a depreciating asset, second-hand depreciating asset, and what depreciating assets are excluded from UCA.

Find out who can claim deductions for the decline in value of a depreciating asset.

General and specific rules for working out the decline in value of depreciating assets.

Find out when you can claim an immediate deduction for the cost of certain non-business depreciating assets.

Find out about the effective life of depreciating assets (how long it can be used for a taxable purpose).

About the cost of a depreciating asset, limitations or arrangements you need to take into account for decline in value.