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What are acceptable write off periods for depreciation?

Posted 25 February 2016 under Tax Q&A


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ConfusedConnie says:
25 February 2016 at 9:44

In addition to my previous question, the "Schedule of Write-off Periods Acceptable to SARS" (provided by SARS) - does that apply to Depreciation and/or Wear and Tear?

Can I not decide on a set period for all my assets and write off depreciation and wear and tear at that same rate? Example: @ 25%

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TaxTim TaxTim says:
25 February 2016 at 13:13

No unfortunately not you need to use the SARS approved Wear and Tear Schedules


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