Work out the annual depreciation charge, depreciation rate and net book value of an asset under the straight-line method, given its cost, residual value and useful life.
Données vérifiées · July 2026
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Straight-line depreciation spreads an asset's depreciable amount — cost minus residual (scrap) value — evenly over its useful life, giving the same annual charge each year. This is the simplest and most widely used depreciation method under UK GAAP (FRS 102) for assets that lose value at a roughly constant rate, such as fixtures, fittings and most plant and equipment.
£20,000 asset, £2,000 residual value, 5-year useful life: £18,000 depreciable amount gives £3,600 annual depreciation, a 18% rate on cost.
Enter the asset's original cost and its estimated residual value at the end of its useful life.
Enter the useful life in years.
Enter years elapsed since purchase to see the net book value today.
Read the annual depreciation charge and depreciation rate on cost.
Last data update
July 7, 2026
Sources and references
FRC — FRS 102 Section 17, Property, Plant and Equipment (depreciation methods); ACCA Financial Reporting (FR), depreciation of non-current assets.
The data in this calculator is updated regularly to reflect the latest official rates. When in doubt, consult the official sources listed above.
Depreciation stops — the net book value should not fall below the estimated residual value under the straight-line method once the useful life has elapsed.
No — depreciation is an accounting concept added back for tax, and HMRC instead gives capital allowances (such as the Annual Investment Allowance or writing-down allowances) which follow their own rates and rules.