FAQ Blog Calculators Students Logbook Contact
Do your Tax with TaxTim and WIN R10,000  More info   T&C's apply


Wear and Tear Calculator

Work out Wear and Tear on Depreciable Assets

WEAR AND TEAR CALCULATOR FOR INDIVIDUALS
Base cost of the asset:   R
Date you got it:  
Tax year you are filing for:  
Usage split:
SARS might ask how you justify this split. You should be able to produce documents proving every part of the calculation.
  Business % Personal %
Type of asset:  
Oops! It seems our calculator took a vacation to Bermuda without telling us. We're sending it a stern email and some virtual sunscreen. In the meantime, please try again later. Sorry for the inconvenience – even calculators need a break sometimes!
Calculating

This is how you work it out:
Base cost: @{ baseCost| formatMoney | currencySymbol }
Purchased: @{ purchaseYear } @{ monthLabel }
Current tax year: @{ filingYear }
Split: @{ businessUsage }% business, @{ personalUsage }% personal
Type of asset: @{ assetType.type }
Years to write off: @{ assetType.write_off_years }
Deductable amount: @{ solution | formatMoney | currencySymbol } in @{ filingYear } tax year
Stay ahead of Tax Seasons

Register for free alerts from TaxTim
Get important SARS updates, tips on what documents to collect, and step-by-step guidance when it is time to file.

We will nudge you before deadlines so you avoid penalties and keep your refund moving.

Register for tax alerts
Get SARS Tax Deadlines in your Inbox
We'll tell you when you need to file, along with tax tips and updates.