Section 12C provides for a special wear and tear allowance in respect of certain new or used assets that are owned by the taxpayer and were brought into use for the first time.
If you are a Small Business Corporation, please use our SBC calculator instead.
NOTE: SARS may ask you for proof / documents describing the below
Select your asset type:
New, unused plant and machinery directly involved in process of manufacture.
Used/second hand plant machinery directly involved in the process of manufacture.
New, unused plant and machinery used for Research and Development activites which have been approved by the Minister of Science and Technology.
Date on which asset was brought into use for the first time:
Purchase amount: R
Your financial year end:
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