Will you also be doing something 'panic degressive'? 😉

Movable fixed assets that you acquired or manufactured for your company after March 31, 2024 and before January 1, 2025 may still be depreciated using the declining balance method. Depreciation may not exceed twice the straight-line depreciation and may not exceed 20 %. The effect:

High depreciation amounts = high operating expenses = High tax savings!

Do you still want to benefit from this regulation?

Then quickly kick-start the depreciation turbo by bringing forward any upcoming business investments to this year!

To be on the safe side, however, ask your tax advisor or us at WSB whether faster depreciation is the most sensible choice for your company.

👉 We at WSB will be happy to help you and take away the panic of closing the door! 😉
We are happy to assist you and help you with your tax questions and concerns:
www.wsb-berater.com/leistungen

#Tax tips #Degressive depreciation #Tax advice #Tax savings #Investments #WSB