Depreciation Calculator

Calculate asset depreciation for tax and accounting purposes in Pakistan (Straight Line & Reducing Balance Methods)

Rs.
10,000 1,00,00,000
Years
1 Year 30 Years
Fixed Percentage
Rs.
0 5,00,000

Depreciation Method

Straight Line Method
Reducing Balance Method
%
5% 50%

Common Asset Categories (Pakistan)

Computers & IT Equipment
Useful Life: 3 years | Rate: 33.33%
Office Furniture
Useful Life: 10 years | Rate: 10%
Vehicles
Useful Life: 5 years | Rate: 20%
Machinery
Useful Life: 8 years | Rate: 12.5%
Buildings
Useful Life: 25 years | Rate: 4%
Intangible Assets
Useful Life: 5 years | Rate: 20%
Annual Depreciation
Rs. 0.00
Per Year
Total Depreciation
Rs. 0.00
Over Useful Life
Salvage Value
Rs. 0.00
End of Life Value
Depreciation Rate
0.00%
Effective Rate
Year Beginning Value (Rs.) Depreciation (Rs.) Accumulated Depreciation (Rs.) Ending Value (Rs.)
Depreciation Over Time
Beginning Value
Annual Depreciation
Ending Book Value

🇵🇰 Pakistan Tax Depreciation Rules

  • Depreciation is allowed as deduction under Pakistan Income Tax Ordinance
  • Different rates apply for different asset classes
  • Written Down Value (WDV) method is commonly used for tax purposes
  • Companies can adopt Straight Line or Reducing Balance method
  • Depreciation starts from the month the asset is put to use

Depreciation Calculation Methods

1. Straight Line Method

Annual Depreciation = (Asset Cost - Salvage Value) ÷ Useful Life

Depreciation expense is the same each year. Simple and commonly used for financial reporting.

2. Reducing Balance Method (WDV)

Annual Depreciation = Book Value at Beginning × Depreciation Rate
Book Value = Asset Cost - Accumulated Depreciation

Higher depreciation in early years, lower in later years. Commonly used for tax purposes in Pakistan.

💡 Important: For tax purposes in Pakistan, companies must use consistent depreciation methods from year to year. Changes require approval from tax authorities.

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