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Calculate Wear and Tear / Depreciation using Interpretation Note 47
Posted 2 November 2013
My question has to do with Calculate Wear and Tear / Depreciation using Interpretation Note 47.
Can one claim depreciation on a personal car that one uses to get to work and back?
TaxTimsays: 4 November 2013 at 10:01
No you cannot depreciate an asset for travelling from home to work as this is a "personal" use and not seen to be in the context of work as work begins when you get to the office.