Is the depreciation of a private vehicle an allowable deduction?By Marc Sevitz · Updated 10 February 2013I do not own a business, I only earn a salary. TaxTim Marc said:10 February 2013 at 22:26Unfortunately personal use assets cannot be depreciated for tax purposes, only business assets.Salary / IRP5DeductionsDepreciation / Wear and TearTravel Allowance
I do not own a business, I only earn a salary. TaxTim Marc said:10 February 2013 at 22:26Unfortunately personal use assets cannot be depreciated for tax purposes, only business assets.