What is the net salvage value rate of fixed assets

2022-06-12 0 By

What is the net salvage rate of fixed assets?No specific fixed assets net salvage value, before the old accounting standards on general domestic enterprise fixed assets, the salvage value rate is 5%, now according to the enterprise income tax law of the People’s Republic of China regulations on the implementation of the provisions of article 59, the enterprise shall, according to the nature of the fixed assets and usage, reasonable determination of the expected net salvage value of fixed assets.Once the estimated net residual value of fixed assets is determined, it shall not be changed.The net salvage value ratio refers to the proportion of the amount recovered from the disposal of the fixed asset to the original value of the fixed asset after the fixed asset reaches its useful life.Among them, the net residual value is the value of the residual value after the expiration of the fixed assets, minus the fixed assets liquidation expenses payable.An enterprise shall calculate depreciation starting from the month following the month in which fixed assets are put into use.Depreciation of fixed assets ceased to be used shall be ceased from the month following the month in which the fixed assets ceased to be used.The calculation formula is: residual value of fixed assets = original value of fixed assets × estimated residual value rate;Estimated net residual value ratio = net residual value of fixed assets ÷ original value of fixed assets ×100%.1. Can the salvage value rate of fixed assets be 0?The answer is yes.According to the current tax law, enterprises can determine whether to reserve residual value according to the nature and use of fixed assets. If there is no available value or sale value after the fixed assets expire, they can choose zero.: 2. Salvage, mainly around a fixed assets ratio, the fixed asset can no longer continue to use or have the need for accounting for a contrast, namely around the income and expenditure of fixed assets to make a summary, at the time of existing value divided by the purchase price, and then multiplied by one hundred percent, is calculated by the residual value of fixed assets.