Calculate Wear and Tear / Depreciation using Interpretation Note 47

By Marc Sevitz · Updated

My question has to do with Calculate Wear and Tear / Depreciation using Interpretation Note 47.

Can one claim depreciation on a personal car that one uses to get to work and back?



TaxTim Marc

TaxTim Marc said:
4 November 2013 at 10:01

No you cannot depreciate an asset for travelling from home to work as this is a "personal" use and not seen to be in the context of work as work begins when you get to the office.