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Who qualifies to claim for depreciation?

Posted 17 August 2013 under Tax Q&A


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Which kind of taxpayer qualifies to claim for depreciation of assets?

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

TaxTim TaxTim says:
19 August 2013 at 23:17

Assets used for business purposes, owned by you, can be depreciated using the SARS wear and Tear calculator and only the business use element can be written off.


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235 DAYS
LEFT OF
TAX SEASON
2017


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