How many years does the hotel's fixed assets depreciate?

The depreciation period of fixed assets is still suggested to refer to different categories and different years stipulated in the enterprise income tax law. If depreciation is accelerated, it is very troublesome to calculate tax adjustment when income tax is settled and paid every year, which is easy to make mistakes and tax-related risks.

Depreciation period refers to the period for calculating the depreciation of fixed assets. The depreciation life of fixed assets is determined according to the long-term physical durability, that is, according to the time that fixed assets can continue to be used after physical wear and natural wear.

Unless otherwise stipulated by the competent departments of finance and taxation of the State Council, the minimum depreciation period of fixed assets is as follows:

(a) houses and buildings, for 20 years;

(2) Aircraft, trains, ships, machines, machinery and other production equipment, 10 year;

(3) Appliances, tools and furniture. 5 years related to production and business activities;

(4) Four years for vehicles other than airplanes, trains and ships;

(five) electronic equipment, for 3 years.

Depreciation method of fixed assets:

1, life average method (also known as straight line method)

Annual depreciation rate =( 1- estimated net salvage value rate) ÷ estimated service life (year) × 100% monthly depreciation amount = original price of fixed assets× annual depreciation rate ÷ 12.

2. Workload method

Unit workload depreciation = original price of fixed assets ×( 1- estimated net salvage rate)/estimated total workload monthly depreciation of fixed assets = monthly workload of fixed assets × depreciation of unit workload.

3. Double declining balance method (accelerated depreciation method)

Annual depreciation rate = 2 ÷ estimated service life (year) × 100% monthly depreciation amount = net fixed assets × annual depreciation rate ÷ 12.

4. Total legal years (accelerated depreciation method)

Annual depreciation rate = sum of acceptable service life/estimated service life × 100% monthly depreciation amount = (original price of fixed assets-estimated net salvage value) × annual depreciation rate12.

The straight line method is widely used in general enterprises. Enterprise depreciation can be accrued separately or by classification.