Blog Q&A Calculators Students Logbook Contact
Earn under R350,000?Click here to see why you still need to file to get your Tax Refund.
CLOSE
File your Tax Return online with TaxTim

  Tax Done in 20 Mins or Less
  Maximise your Refund and find new Deductions
  Simple and Easy. No more SARS stress

Start now

Can I claim purchase of vehicle as a expense (commission based)

Posted 6 July 2015 under Tax Q&A


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Get started

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk →
Rafael says:
6 July 2015 at 17:51

I am completely commission based. I recently purchased a vehicle cash. Can I claim it as expense incurred in the production of income? Or do I add it as Travel expenses (commission income)?

This entry was posted in Tax Q&A and tagged , , , , . Bookmark the permalink.

TaxTim TaxTim says:
6 July 2015 at 21:26

You would claim this as depreciation over 5 years of the cost of the vehicle, but you need to apportion this for business use which would be best backed up by a logbook. Use our wear and tear calculator to work out what you can claim.


Get SARS Tax Dates and Deadlines in your Inbox
 

We'll tell you when you need to file, along with tax tips and updates.

Blog Categories


Let TaxTim
help you
submit your
Tax returns!


TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund

Get started

Tim uses your answers to complete your income tax return instantly and professionally, with everything filled in in the right place.

Let Tim submit your tax return direct to SARS in just a few clicks!