534 what is depreciation?

Dev Raga Personal Finance

In today's episode, Dev explains what depreciation is, how it works and how it can save you on tax, particularly if you own a property or run a business. He covers:

👉🏾 what is depreciation?

👉🏿 types of depreciating assets

👉🏻 why it's so important

👉 concepts within depreciation

👉🏼 the two methods - prime cost & diminishing value

👉🏽 and practical examples using these methods

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