Asset depreciation in Malta
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Minimum number of year over which assets may be depreciated for tax purposes:
| ASSET USED IN PRODUCTION |
DEPRECIATION (years) |
| Air-conditioners |
6 |
| Aircraft |
12 |
| Cable Infrastructure |
20 |
| Catering Equipment |
6 |
| Communication and Broadcasting Equipment |
6 |
| Computer software |
4 |
| Computers and Electronic Equipment |
4 |
| Electrical and Plumbing Installations and Sanitary Fittings |
15 |
| Equipment mainly designed or used for the production of water or electricity |
6 |
| Equipment used for construction of buildings and excavation |
6 |
| Furniture, Fixtures, Fittings and Soft Furnishings |
10 |
| Lifts and Escalators |
10 |
| Medical Equipment |
6 |
| Motor Vehicles |
5 |
| Other machinery |
5 |
| Other plant |
10 |
| Pipeline Infrastructure |
20 |
| Ships and vessels |
10 |
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Last Updated on Thu, 19 February 2009 |