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What proof to submit to SARS for depreciation on a vehicle?

Posted 6 August 2013

I can't find the invoice for my car which I purchased new and paid for in cash in 2010. What proof would I need to submit to SARS instead to claim depreciation on this vehicle? (I work mainly for commission and I use my car mainly for business purposes).

TaxTim TaxTim says:
7 August 2013 at 15:53

You could contact the seller of the car to request an invoice again or else you must get the value of the car in 2010 from a reputable institution such as the AA.

Frank Zappa says:
7 August 2013 at 17:01

Great, thanks so much for your response. Your website is an absolutely awesome resource! ;)

TaxTim TaxTim says:
7 August 2013 at 17:11

Thanks very much! Always happy to help!

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