SARS Asset Depreciation: Writing Off Business Assets – SumZA Skip to content

South African businesses can claim depreciation (wear-and-tear) on assets used for income generation, reducing their taxable income.

SARS Write-off Periods

  • Vehicles: 4 years (20% per year on reducing balance or 25% straight line)
  • Computers and equipment: 3-5 years
  • Furniture: 6-10 years
  • Buildings: 20-50 years (depends on type)

Calculate your asset depreciation using our Depreciation Calculator.