Wind mill depreciation rate

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24 Points Posted on 16 June 2020
wind mill depreciation rate
15% or 40% which is correct?
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On 16 June 2020 at 04:37 Report
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Quick Summary
This discussion clarifies the correct depreciation rate for windmills. While a 15% rate might be generally understood, windmills and specially designed devices installed on or after 1st April 2014 are eligible for a higher depreciation rate of 40%. This is the rate generally accepted for qualifying installations.

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CA
153 Points Posted on 16 June 2020
The rate of depreciation for windmill is 15%
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On 16 June 2020 at 08:44
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AUDIT ASSISTANT
179 Points Posted on 16 June 2020
Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.
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On 16 June 2020 at 09:49
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Tax and Business Consultant
11616 Points Posted on 24 July 2020
Windmills and any specially designed device which run on windmills installed on or after 1/04/2014 would be eligible for depreciation @ 40%.
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On 24 July 2020 at 23:21
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Student
23693 Points Posted on 25 July 2020
The Depreciation Rate on Windmill is 40%.
1 Reply
On 25 July 2020 at 01:46

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