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Can I claim depreciation for my car as a sole proprietor if I have a log book by using the tax table

Posted 23 October 2015

Pierre said:
10 October 2015 at 17:02

I am operating as a sole proprietor. I keep a log book for my car which I also use for business. Can I claim for depreciation and use the tax tables for that?

TaxTim Marc TaxTim Marc said:
23 October 2015 at 7:45

You would be able to depreciate your car over 5 years, but you need to then apportion it for the use of business travel based on the logbook. You would then need to also apportion your other fuel and car expenses by the same ratio and deduct those costs.

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