Unless otherwise stipulated by the competent tax authorities and the State Council Finance, the minimum depreciation period of buildings is 20 years. Generally, the minimum depreciation period of production equipment such as trains, machines, airplanes and ships is 10 year. Vehicle depreciation expenses in 2022 need to be evaluated by price agencies. It is recommended to entrust a lawyer to handle it.
Vehicle depreciation expense is the financial performance of vehicle investment recovery, that is, a certain amount of money is withdrawn every year to update vehicles to maintain transportation and reproduction. Vehicle depreciation expense cannot reflect the national economy's investment in transport vehicles, but it is the vehicle capital recovery expense that can effectively reflect the economic price of vehicle depreciation.
The adjustment method of vehicle depreciation expense is to replace the financial depreciation expense of vehicle with the capital recovery expense of vehicle (under the condition of social discount rate).
Calculation method of automobile depreciation
1, average age method:
Formula: annual depreciation amount = original value/estimated service life.
2, the workload method:
Formula: Calculate depreciation by mileage, and depreciation amount = original value (mileage traveled/expected mileage used).
3, double declining balance method:
Formula: 20% depreciation rate.