Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


What are the requirements to claim vehicle depreciation?



Messenger says:
6 October 2015 at 13:51

What are the income requirements to claim vehicle depreciation?

If commission forms about 25% of my yearly income, and my vehicle is used extensively to travel between clients (core part of the job), can I claim depreciation of my vehicle against my income?

I don't receive any travel allowance or fuel etc. I keep a logbook and can prove travel % to work/personal. Thanks.

TaxTim TaxTim says:
6 October 2015 at 15:32

If you can show in your contract of employment that you are expected to use your own car for business purposes or have a letter from your employer stating this, then you can depreciate the car over 5 years and apportion for the business use and claim that as a deduction.

Please also make use of our Wear and Tear Calculator

Please register for TaxTim and let us assist you to complete and submit your Tax Return to SARS.

Messenger says:
6 October 2015 at 15:53

Thank you!

Can you also claim for travel expenses and vehicle maintenance in this case?

TaxTim TaxTim says:
6 October 2015 at 22:48

You can claim the travel expenses and maintenance costs against the commission, provided you apportion the expenses based on business usage only.

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.