Wear and Tear and Recoupments - What You Can (and Can’t) Write Off

Think you know what you can claim for wear-and-tear? Think again. From small tools under R7,000 to second-hand vehicles and home-office equipment, SARS has clear. but often misunderstood, rules on what qualifies, how to calculate the deduction, and when you might have to pay it back. This article breaks down the essentials of Section 11(e), shows you how to use SARS’s write-off table, and explains the hidden risks of recoupments when assets are sold. Whether you're advising clients or managing your own tax affairs, this is a must-read.