The entire world of tax knowledge

SteuerGo FAQs

 


Field help: Depreciation for furnishings and accessories

You must determine the depreciation for movable assets that are not buildings (e.g. fitted kitchen) in accordance with sect. 7 para. 1 of the Income Tax Act (EStG) on the basis of the normal useful life.

Smaller assets that cost no more than 800 Euro (excluding VAT) can be fully deducted in the year of purchase.