it is relatively common now for companies not to charge depreciation on property.?

Question

in what circumstances do u consider a policy of not depreciating property can be justified? state it when it cannot be justified. state ur reason.

Answer 1

how is this in home schooling?
Are you asking 'Can a company still deduct depreciation on their own properties?- such as farmers deducting depreciation on their tractors'
which companies could charge which parties for depreciation?
I am not sure what you are asking

Answer 2

Depreciation allows for the wear and tear on a fixed asset and must be deducted from your income. You must claim depreciation on fixed assets used in your business that have a useful lifespan of more than 12 months. Not all fixed assets can be depreciated. Land is a common example of a fixed asset that cannot be depreciated.