๐Ÿงฎ Tax & Accounting ยท Tool #23

Straight-Line Depreciation Calculator

Calculate annual straight-line depreciation from cost, salvage value and useful life.

Enter your figures

Use the inputs below to calculate the result.

Currency selection changes the displayed symbol only. No exchange-rate conversion is performed.
Original asset cost.
Estimated value at the end of useful life; cannot exceed cost.
Expected useful life; must be greater than zero.

Calculator Results

Results use the figures you enter.

Annual Depreciation$1,800.00
Depreciable Basis$9,000.00
Salvage Value$1,000.00
Book Value After 1 Year$8,200.00
ImportantCurrency selection changes the displayed symbol only. It does not convert exchange rates or apply country-specific tax rules.

How the Straight-Line Depreciation Calculator Works

Calculate annual straight-line depreciation from cost, salvage value and useful life.

Annual Depreciation = (Cost โˆ’ Salvage Value) รท Useful Life

This calculator is a general planning and reference tool. Accounting standards, tax rules, reporting periods and professional requirements can differ by country and situation.

How to use this calculator

What to enter

Enter or select the following as requested: Currency; Asset Cost; Salvage Value; Useful Life (years). Follow the units, valid ranges, examples, and options displayed beside each field.

What the result means

The accounting or tax result is calculated from the amounts, rates, dates, and treatment options entered. Check the tax jurisdiction, taxable base, inclusive versus exclusive rates, exemptions, rounding, and which costs or deductions are included.

When to use it

Use this for an initial invoice, accounting, pricing, or tax estimate. Tax and accounting rules depend on location and circumstances, so verify current official guidance or consult a qualified professional before filing or making a compliance decision.