Tax & Depreciation Calculator
South African SARS tax allowances and capital depreciation
Asset Configuration
CNC machines, lathes, milling machines, production equipment
SARS tax year: March 1 - February 28/29
Depreciation Method
Manufacturing asset allowance per Income Tax Act
Tax Configuration
Enter asset details and click Calculate to see tax savings
South African Tax Incentives
Section 12C - Manufacturing Assets
Accelerated depreciation for manufacturing machinery
✓ 40% annual allowance for new manufacturing equipment
Eligibility: New or unused manufacturing machinery and equipment
Section 12E - Renewable Energy
Immediate write-off for renewable energy assets
✓ 100% deduction in year of purchase
Eligibility: Solar, wind, biomass energy generation equipment
Section 12I - Manufacturing Investment
Additional investment allowances for qualifying projects
✓ Up to 55% additional deduction (35% support + 20% training)
Eligibility: Industrial projects >R50m in preferred sectors/SEZs
Section 37B - Research & Development
Enhanced deductions for R&D expenditure
✓ 150% deduction for qualifying R&D costs
Eligibility: Research and development activities approved by DSI
SEZ Tax Incentives
Special Economic Zone benefits
✓ 15% corporate tax rate (vs 27%), employment tax incentive, building allowances
Eligibility: Manufacturing operations in designated SEZs
Small Business Corporation (SBC)
Reduced tax rates for qualifying small businesses
✓ Progressive rates: 0-7% (up to R550k), 21% (R550k-R750k), 27% (>R750k)
Eligibility: Gross income <R20m, <20% owned by non-individuals