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Can I claim for depreciation on my vehicle?

Posted 27 September 2016 under Tax Questions


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Bongi says:
27 September 2016 at 15:57

Can I claim for wear and tear on my personal vehicle and how do I do it? I kept a logbook because I am getting a non taxable allowance for the km driven for business purposes.

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TaxTimTaxTim says:
27 September 2016 at 17:29

If you are receiving a non-taxable allowance then unfortunately you cannot claim wear and tear on your vehicle.


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