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Does the 20% depreciation refer to the total depreciation of the item regardless of its year of life OR maximum 20% depreciation of the item per year?
Does the 20% depreciation refer to the total depreciation of the item regardless of its year of life OR maximum 20% depreciation of the item per year?
João Safara avatar
Written by João Safara
Updated over a year ago

It refers to the maximum total depreciation of 20% regardless of the lifecycle of the item.

Example: A computer that costs €1,000 and has depreciated 20% after one year. From the first year of purchase of the equipment, the maximum coverage value for that item is €800. In year 2, 3, 5 or 10, it will always be worth €800.

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