SARS Interpretation Note 47 Compliant 🇿🇦
Free SARS Section 11(e) Wear & Tear Calculator
Calculate your annual wear-and-tear depreciation allowance, net book value progression, and exact tax deduction savings under official SARS statutory write-off schedules.
Asset Details & Cost
SARS IN 47 standard straight-line • SARS Source Code: 4010
R
R
Straight-Line Depreciation Schedule
| Period | Annual Allowance | Accum. Depreciation | Closing Book Value |
|---|---|---|---|
| Year 1 | R 15 000 | R 15 000 | R 30 000 |
| Year 2 | R 15 000 | R 30 000 | R 15 000 |
| Year 3 | R 15 000 | R 45 000 | R 0 |
Statutory Allowance Summary
Annual Wear-and-Tear Allowance
R 15 000
≈ R 1 250 / month allowable deductionAnnual Tax Savings
R 4 050
Tax bill reduced each yearTotal Tax Saved
R 12 150
Over 3 year write-offAutomatic GL Posting Preview:
DR 6100 Depreciation ExpenseR 15 000
CR 1501 Accumulated DepreciationR 15 000