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Is the depreciation of a private vehicle an allowable deduction?

Posted 10 February 2013

I do not own a business, I only earn a salary.

TaxTim says:
10 February 2013 at 22:26

Unfortunately personal use assets cannot be depreciated for tax purposes, only business assets.

This entry was posted in Tax Q&A and tagged Salary / IRP5, Deductions, Depreciation / Wear and Tear, Travel Allowance. Bookmark the permalink.

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