SARS Compliant

Depreciation Calculator South Africa

Calculate asset depreciation using official SARS wear and tear rates. Interpretation Note 47 compliant for tax deductions.

Asset Details

R

Depreciation Summary

Rate33.33% per year
Useful Life3 years
Annual DepreciationR 0,00
MonthlyR 0,00

Depreciation Schedule

Year-by-year breakdown of asset value

Enter an asset cost to see the depreciation schedule

SARS Wear and Tear Rates (Interpretation Note 47)

Computers & Laptops

33.33%(3 years)

Laptops, desktops, servers, tablets, smartphones

Computer Software

50%(2 years)

Software licenses, mainframe software, short-life applications

Motor Vehicles (Delivery/Passenger)

20%(5 years)

Cars, bakkies, delivery vehicles, passenger vehicles

Office Furniture & Fittings

16.67%(6 years)

Desks, chairs, filing cabinets, shelving, fittings

Machinery & General Plant

25%(4 years)

Manufacturing equipment, tools, general plant machinery

Office Equipment

20%(5 years)

Printers, scanners, copiers, phone systems

Buildings (Commercial)

5%(20 years)

Office buildings, warehouses, factories

Rates based on SARS Interpretation Note 47. Actual rates may vary based on specific circumstances. Consult a tax professional for advice.

Frequently Asked Questions

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ProcessX automatically calculates depreciation for all your business assets, generates depreciation schedules, and includes them in your tax reports.

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