Asset Depreciation Calculator
Calculate straight-line, declining balance, or units-of-production depreciation — with a full year-by-year schedule you can export as CSV.
Asset details
Production line conveyor
LiveFull depreciation schedule
Manage asset lifecycles automatically.
AssetOS tracks every asset from purchase to disposal — so you always know current book value, remaining life, and when to replace.
Asset Depreciation · FAQ
What is the difference between straight-line and declining balance depreciation?+
Straight-line depreciation deducts the same fixed amount each year. Declining balance (reducing balance) applies a fixed percentage to the remaining book value — front-loading depreciation in early years. Declining balance better reflects how most assets actually lose value.
What depreciation method does HMRC use for UK businesses?+
HMRC uses capital allowances rather than accounting depreciation for tax purposes. The main rate is 18% reducing balance for most plant and machinery, or 6% for special rate assets. Your accounts can use any method; the tax calculation is done separately using capital allowance rules.
When should I use units-of-production depreciation?+
Units-of-production ties depreciation to actual usage rather than time — useful when wear correlates to output more than years: mining equipment, printing presses, vehicles measured by mileage, or production machinery measured by cycles. It is more accurate but requires tracking actual usage units.
Can I export the depreciation schedule?+
Yes — the calculator exports a full year-by-year depreciation schedule as CSV. Most accountants and finance teams can import this directly into accounting software such as Xero, QuickBooks, or Sage.