Wear and Tear

Calculate Wear and Tear / Depreciation using Interpretation Note 47

Wear and Tear or Depreciation is the decrease in value of an asset. SARS allows you to deduct this decrease each year based on the tables below, which you can then use towards replacing those assets if you wish.

For example, if you use your laptop for work and it cost R12,000 in the 2017 tax year, you can depreciate the laptop by R4,000 each year until 2019 and claim the R4,000 as a deduction, therefore paying less tax! (Note, however that SARS will probably ask for a letter from your employer confirming that this is allowed).

Note: If you have received a travel allowance or employer-provided vehicle you cannot use this calculator to determine your depreciation. This will be taken into account automatically when you complete the Travel Allowance or Employer-Provided Vehicle section of your tax return.

Assets purchased which cost less than R7,000 can be written off in full during the tax year they were paid for.

Use the calculator below to calculate your depreciation:

NOTE: SARS may ask you for proof / documents describing the below

Base cost of the asset (in Rands): R
Date you got it: Month  Year
Tax year:
Usage split: Business %   Personal %   NOTE: SARS might ask how you justify this split
Type of asset:

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