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.