Hi all,

I have a quick question on depreciating a "cut off machine". Should it be listed as "Grinding machines : 6" a or "Power tools (hand-operated) : 5", from the Depreciation allowance table, found on the Wiki

And then, for clarification, since this item is less than R7000, do I depreciate it over 1 year, instead of 5 of 6 (depending on the answer above)?

Lastly, which method of depreciation is preferred, "Straight Line", "Declining Balance" or "Full Depreciation at Purchase"?