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


R 7,000-00 once write off, what if 4 machines bought each at R 6,000-00 ?



Hi Tim. Do I understand that the R 7,000-00 write value is a once write off for items less than R 7,000-00?

What is the situation then if I start my business with the simultaneous purchase of e.g. four lawn mowers at R 6,000-00 each. Total cost = R 24,000-00 but I may only write off a once R 7,000-00 ?

What then happens if six months later my business requires one additional lawn mower again at R 6,000-00, and e.g. two months a brush cutter at R 6,5000-00. What may then be written off, if anything?

Many thanx.
Roger.

TaxTim TaxTim says:
12 August 2013 at 23:16

The small write off is per item, so you would be able to write off each lawnmower and each item of equipment if they cost less than R7000 individually. However this does not apply if the lawnmowers make up a set of 4 which cost R24 000 and sit in the same asset category. It is a per asset allowance.

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




Submit your tax return right here!

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.