Not sure to use financed value or retail value for car expenses?
By Marc Sevitz · Updated
Good day,
The cost of my car shows retail value of R370 000 but shows after extras minus deposit financed at R311 00
Which value do I use in my tax return?
The cost of my car shows retail value of R370 000 but shows after extras minus deposit financed at R311 00
Which value do I use in my tax return?
You would use the actual cost without the interest, but including VAT.