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A-Z of Tax and Accounting Terms: D is for…

by ClearwaysAccountants | Aug 6, 2013 | A-Z of tax and accounting terms, Contractor, Freelancer, Self Employment, Small business advice

Depreciation, Dispensation and Dividends Depreciation When you purchase a capital asset, (see yesterday’s post on capital allowances for an overview on capital costs versus expenses,) your accountant will reduce the value of the asset from the original purchase...

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