Wear & Tear Allowance Calculator
Wear & Tear Allowance Calculator
Work out the tax allowance on assets you use for work or business, using SARS’s write-off periods.
How it works: SARS lets you deduct an asset’s cost over its write-off period, on a straight-line basis. The allowance is reduced for private use and for part of a year. Assets costing less than R7 000 can be written off in full in the year you buy them.
Frequently asked questions
Can employees claim wear and tear?
Yes, on assets used for work that the employer didn't pay for, such as a laptop. Section 23(m) allows this.
What can I write off in full?
Assets costing less than R7 000 can be written off in the year you buy them.