In business, accelerated depreciation is a basis for a form of tax relief that was available in Britain until 1984 and that enabled certain assets of a business organization to be deemed to waste away at a rate faster than that applicable to their normal useful lives. This gave tax relief earlier than would otherwise have been the case and therefore gave some incentive to businesses to invest in assets for which accelerated depreciation was a permitted basis upon which to calculate tax liability. Research Accelerated Depreciation
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Abbreviations
Research Accelerated Depreciation
