You are referring to wear and tear allowance, which is a third of the cost of the vehicle, incl VAT, for 3 years. So you can claim the capital allowance for the first 3 years from purchasing the vehicle.
This claim is made under the Motor vehicle Expenses section of your taxTim return, you only input the cost and VAT and it will calculate it automatically, according to your business km travelled in the year.
Get Tax Deadline Reminders, News and Tips
We'll tell you when you need to file, along with tax tips and updates.