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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? |
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TaxTim says: 20 October 2015 at 7:14 Do you keep a logbook showing the difference between business and personal travel? |
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Izhaar says: 20 October 2015 at 10:51 Yes. Car 1 is used 65% travel business Car 2 is 40% travel business |
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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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