- No data uploaded
- Instant results
Furniture & fixtures Depreciation (Companies Act)
Furniture & fixtures are 10-year useful life (Schedule II). Enter your cost to see the full schedule.
Furniture & fixtures Depreciation (Companies Act)
Year 1 depreciation10 years · book value after year 1: 9,050.00
Total depreciation shown
9,500.00
Final book value
500.00
| Year | Opening value | Depreciation | Closing value | Rate % |
|---|---|---|---|---|
| 1 | 10,000.00 | 950.00 | 9,050.00 | 9.50 |
| 2 | 9,050.00 | 950.00 | 8,100.00 | 9.50 |
| 3 | 8,100.00 | 950.00 | 7,150.00 | 9.50 |
| 4 | 7,150.00 | 950.00 | 6,200.00 | 9.50 |
| 5 | 6,200.00 | 950.00 | 5,250.00 | 9.50 |
| 6 | 5,250.00 | 950.00 | 4,300.00 | 9.50 |
| 7 | 4,300.00 | 950.00 | 3,350.00 | 9.50 |
| 8 | 3,350.00 | 950.00 | 2,400.00 | 9.50 |
| 9 | 2,400.00 | 950.00 | 1,450.00 | 9.50 |
| 10 | 1,450.00 | 950.00 | 500.00 | 9.50 |
Companies Act 2013 Schedule II useful lives (e.g. computers 3 years, servers 6, furniture 10, vehicles 8, plant 15); residual value is normally up to 5% of cost.
General information and templates, not legal advice. Laws differ by jurisdiction and change; have a qualified lawyer review anything you rely on. Disclaimer
Frequently asked questions
Is my data uploaded?
No. The calculation runs entirely in your browser — nothing you type is sent to a server.
Is it free?
Yes — free, unlimited and no sign-up.