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Depreciation for commission earner 2015

Posted 21 October 2015 under Tax Q&A


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Izhaar says:
19 October 2015 at 22:30

As a commission earner, calculation depreciation. I use 2 vehicles for both personal and business. Would I calculate depreciation as price of vehicle / 5?
or would I factor % of business?

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

TaxTim TaxTim says:
20 October 2015 at 7:14

Do you keep a logbook showing the difference between business and personal travel?

Izhaar says:
20 October 2015 at 10:51

Yes. Car 1 is used 65% travel business
Car 2 is 40% travel business

TaxTim TaxTim says:
21 October 2015 at 6:35

Then you would take the cost of each vehicle, multiply them by the months over 12 that you used the car then divide by 5 and then apportion that based on the percentages above.


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