Guide: GWG (low-value assets)

Not every business purchase has to be depreciated over the years. There are simplification rules for low-value assets (GWG).

The limit values ​​(net, without VAT)

  • Up to €250: Immediate write-off mandatory. Booked directly as business expenses. No entry in the asset directory necessary.
  • €250.01 to €800.00: Rule GWG. Right to choose between immediate depreciation (in full in the year of purchase) or regular depreciation over the useful life. Recording in the asset register is mandatory.
  • €250.01 to €1,000.00: Collection item (alternative). Right to choose to form one collective post per year. This pool is necessarily depreciated on a straight-line basis over 5 years (20% per year), regardless of the actual useful life. If this option is exercised for one year, it is mandatory all Goods between €250 and €1,000 this year!
Requirement for GWG: The asset must be movable, wearable and can be used independently be. A PC monitor (without a PC), for example, cannot be used independently and is therefore not GWG!