FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Depreciation for computer under R7000 value

Posted 26 July 2013

Some years ago SARS advised me that I could write off in year one capital goods for my business (computer) under R7k in value (accelerated depreciation).

Is this correct?

TaxTim Marc TaxTim Marc said:
31 July 2013 at 23:39

Yes this is correct as long as the cost is less than R7000 and not more than that amount and you are trying to depreciate a part of the asset.

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





Do your Tax Return in 20 minutes or less!

TaxTim will help you:

 Do Your Tax Return Easily
 Avoid penalties
 Maximise your refund
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!

Get started

Blog Categories


Ask TaxTim

Got a question you want answered about tax?

Visit our helpdesk

Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.