Tag Archives: South African Revenue Services Depreciation Rates

South African Revenue Services Depreciation Rates

In URBAN DEVELOPMENT ZONES (UDZ) the erection/acquisition or improvement of buildings are subject to an allowable deduction in the form of an accelerated depreciation allowance. This deduction is available until 31 March 2021. A deduction will be allowed for the cost of the erection, extension, additions, acquisition, or improvements of any commercial or residential building… Read More »