What are the service life of domestic injection molding machines and machine tools? How do we calculate depreciation?
Service life is generally 12--15 years, mainly depends on the maintenance of the use of your process to decide. Depreciation is calculated in accordance with interest bearing and non interest bearing, mainly depending on what your financial calculation requires.
The service life of domestic injection molding machines and machine tools shall not be less than 10 years in accordance with the tax lawTwo, depreciation methods, enterprises may use the depreciation method stipulated in the accounting standards:1, the average number of years method (also known as straight line method)The annual depreciation rate (1 = expected net salvage value rate), expected service life (year) * 100%Monthly depreciation = original value of fixed assets depreciation rate divided by 12 *2, workload methodUnit of work = original value of fixed assets depreciation (1 * expected net salvage value rate) / total workloadThe monthly depreciation amount of a fixed asset = the work load per unit month of the fixed asset, the amount of depreciation3 double declining balance method (accelerated depreciation method)The annual depreciation rate of =2, expected service life (year) * 100%Monthly depreciation = net fixed assets depreciation rate divided by 12 *4, annual total legal (accelerated depreciation method)The annual depreciation rate = acceptable service life / expected life years sum x 100%Monthly depreciation (= original value of fixed assets: the expected net salvage value) * annual depreciation rate divided by 12The straight line method is used more commonly in enterprises. The depreciation of enterprises can be separately mentioned or classified.Three, domestic enterprises can determine their own salvage value. The net salvage value can be 0
I. The depreciation period of injection molding machines and machine toolsArticle sixtieth of the regulations on the implementation of the enterprise income tax law of the People's Republic of China stipulates that, in addition to the provisions of the financial and tax authorities under the State Council, the minimum amount of depreciation for fixed assets shall be as follows:(a) housing and buildings for 20 years;(two) aircraft, trains, ships, machinery, machinery and other production equipment for 10 years;(three) appliances, tools, furniture and so on related to the production and operation activities, for 5 years;(four) aircraft, trains, ships and other means of transport for 4 years;(five) electronic equipment, for 3 years.
