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BMT has released a handy tool to help you find out the effective life and depreciable rate of any plant and equipment asset.
'Rate Finder' allows Accountants, Property Managers and property investors to search by industry or asset. It will show you the effective life and depreciable rate using either the prime cost or diminishing value method.
The BMT website has also recently been upgraded. New pages include BMT for property investors, Accountants, Property Professionals and Developers.
Visit Depreciation Rate Finder to find the effective life of any asset.
