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Asset depreciation in Malta

Minimum number of years over which assets may be depreciated for tax purposes:

ASSET USED IN PRODUCTION

DEPRECIATION (years)

Air-conditioners

6

Aircraft

12

Cable Infrastructure

20

Catering Equipment

6

Communication and Broadcasting Equipment

6

Computer software

4

Computers and Electronic Equipment

4

Electrical and Plumbing Installations and Sanitary Fittings

15

Equipment mainly designed or used for the production of water or electricity

6

Equipment used for construction of buildings and excavation

6

Furniture, Fixtures, Fittings and Soft Furnishings

10

Lifts and Escalators

10

Medical Equipment

6

Motor Vehicles

5

Other machinery

5

Other plant

10

Pipeline Infrastructure

20

Ships and vessels

10

 

For more information, kindly contact:

Christian Vella - Director & co-founder: This email address is being protected from spambots. You need JavaScript enabled to view it.