Tax deductibility of vehicle lease payments for independent contractors

I am an independent contractor. I do not earn any salary. I currently have a vehicle on which I claim a travel deduction. My vehicle requires replacement. I would like to know if I can claim lease payments as a tax deductible expense should I lease a new car. I have not come across any prohibition on the SARS website. This surely is in the production of income as without a car I would not be able to carry out any work at all.

Yes you will be able to claim these, but only the business use portion. Please make use of our Travel Allowance calculator to see which method is better.