Depreciation on private car for work
By Marc Sevitz · Updated
How often do you use your car for work purposes?
Hi, I use the vehicle daily, and do about 2000 kilometers a month.
Thanks
Thanks
You would be able to claim depreciation on your vehicle, but would need to prove to SARS the basis for apportioning expenses between business and private use by keeping a vehicle logbook or demonstrating some similar method.
See this article for more: How to calculate Wear and Tear.
See this article for more: How to calculate Wear and Tear.