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# SARS asked for calculation for depreciation on laptop

Posted 19 July 2015 under Tax Questions

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 Riaan says:16 July 2015 at 14:50 I completed my tax return through TaxTim. SARS asked me now to show them how we calculated depreciation on the laptop I use for work. Can you help me with this as I don't know what to give them?This entry was posted in Tax Questions and tagged Salary / IRP5, Independent Contractor, Commission, Depreciation / Wear and Tear, Audit / Verification. Bookmark the permalink.
 TaxTim says:16 July 2015 at 19:34 Does your employer allow you to use your laptop for work? Do you have a letter or is it written in your contract?

 Riaan says:16 July 2015 at 20:48 Yes my employer does. I am a network engineer and it forms a very important tool for me to do my job. What should I provide SARS? They asked calculation on how you got to the depreciation value. I have the purchase invoice which was R 8000 and purchased in October 2014. According to the calculations when completing TaxTim the amount for depreciation was R 1111.11. I did upload the invoice for SARS but they said I must also provide how we calculated it.

 TaxTim says:17 July 2015 at 14:16 You would need to send them an small excel sheet showing the calculation being the R8000 over 3 years and then how you apportioned it for business use.

 Riaan says:17 July 2015 at 17:16 What is the formula for the calculation?

 TaxTim says:19 July 2015 at 10:30 It would be the cost divided by the number of years allowed as a write off for wear and tear. R8000 / 3= R2 666.67 then apportioned for business use, and divide by the number of months used:R2 666.67 x (5 / 12) = R1111.11 Did you only use the computer for business use?

 Riaan says:19 July 2015 at 10:53 Yes it is used for just business. What is the 5 for at the last calculation?

 TaxTim says:19 July 2015 at 18:34 You said the asset was used from October 2014 - SARS requires that the depreciation be worked out for the months of use only so this would be 5 months from October until February.