• amortization

Definitions of amortisation

repayment of the loan by equal sums at regular intervals

The amortisation period should not normally exceed 25 years for this type of loan.

the reduction of the costs of an asset in a set of accounts over a period of time

No amortisation is allowed for any capital asset attached to the land.

Thank you very much. If you have any questions or comments please feel free to write them in the little box below and either myself or one of my colleagues will be happy to get in touch with you. Thank you very much.