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Double Declining Balance

Accelerated depreciation method

Double Declining Balance

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$
yrs

Double Declining Balance (DDB) is an accelerated depreciation method that applies double the straight-line rate to the declining book value each year. It produces larger deductions early and smaller ones later — useful for assets that lose value quickly.

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Tip: Accelerated depreciation is purely an accounting/tax timing difference — it doesn't change total depreciation over an asset's life. It just moves deductions earlier, improving cash flow via earlier tax savings.

  1. 1DDB rate = (2 / Useful life) × 100%
  2. 2Annual depreciation = Beginning book value × DDB rate
  3. 3Book value never goes below salvage value
  4. 4Often switched to straight-line when straight-line gives a higher deduction
$40,000 asset, 5-year life, $0 salvage=Year 1: $16,000 | Year 2: $9,600 | Year 3: $5,760DDB rate = 40%
YearStraight-LineDDBDDB Book Value
1$20,000$40,000$60,000
2$20,000$24,000$36,000
3$20,000$14,400$21,600
4$20,000$10,800*$10,800
5$20,000$10,800*$0

Fun Fact

* Switch to straight-line in year 4 when SL ($10,800) exceeds DDB ($8,640). Technology companies often prefer accelerated depreciation because their equipment (servers, laptops) actually does lose value quickly.

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