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Nasi says: 14 November 2015 at 16:38 I started as an estate agent and I have not kept records of my mileage and the car is paid up, what can I claim as a vehicle expense and depreciation |
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TaxTim says: 15 November 2015 at 10:10 Do you use the car for personal use as well? |
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Nasi says: 15 November 2015 at 10:13 Yes I do |
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TaxTim says: 15 November 2015 at 10:17 You can claim the car value over 5 years, but you would need to be able to prove to SARS the apportionment of personal vs business mileage. |
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Nasi says: 16 November 2015 at 19:07 can I claim the petrol, car insurance and car licence. |
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TaxTim says: 16 November 2015 at 23:49 Yes you can, that would also need to be apportioned on the basis of business vs total mileage. |
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Nasi says: 25 November 2015 at 20:57 Should I show the right off under depreciation source code 4027 or under travel expenses source code 4015? |
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TaxTim says: 25 November 2015 at 21:25 The car would be under the depreciation and the other travel expenses under the travel code. |
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