Make Tax Returns Quick & Easy. First time users SAVE 15%!
Click here
s11(g) Leasehold Improvements Calculator
Work out your Leasehold Improvements over time
LEASEHOLD IMPROVEMENTS CALCULATOR
If you lease a building, and are entitled to do renovations to it in terms of your lease agreement,
then for tax purposes you can deduct the cost of these improvements annually spread over the period
of the lease (calculated from completion date of renovations). You need to ensure though that the
building is used for the production of income in order to qualify for this allowance. If there is
an amount stipulated in the lease agreement to be incurred on improvements, the allowance claimed
must not exceed this amount.
Amount you spent on improvements: R
Amount you can spend on improvements as stipulated in lease: R
Lease start date:
Start of
The month you need to enter here, is the month the lease commenced in. For example, if your lease commenced on 1 June, the month you need to enter is June.
Date improvements were completed:
Start of
The month you need to enter here is the month after the improvements were completed. For example, if the improvements were completed in June, the month you need to enter is July.
Lease end date:
Start of
The month you need to enter here is the month after the lease has ended. For example, if the lease expired end of June, the month you need to enter is July.
Renewal period (if exists in contract):
Your financial year end:
Do your Tax Return in 20 minutes or less!
TaxTim will help you:
Do Your Tax Return Easily Avoid penalties Maximise your refund
Tim uses your answers to complete your income
tax return instantly and professionally, with
everything filled in in the right place.
Let Tim submit your tax return direct to SARS in just a few clicks!
Make Tax Returns Quick & Easy.
Do Your Tax Return Easily