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One register, two views: accounting depreciation and tax wear-and-tear

One register, two views: accounting depreciation and tax wear-and-tear

by Barry Gouws | Sep 4, 2026 | AssetTrail Insights, Compliance and Tax, Technical Insights

Who this is for South African accounting practices that prepare — or review — fixed asset registers for SME clients under IFRS for SMEs Section 17 (and, for some clients, IAS 16 full-IFRS workflows), while also supporting tax-base schedules that must remain distinct...
R1 assets on your fixed asset register

R1 assets on your fixed asset register

by Barry Gouws | Jul 2, 2026 | AssetTrail Insights, Compliance and Tax, Technical Insights

Technical Insights by AssetTrail. It is common for businesses to find assets on the fixed asset register with a carrying amount of R1 even though those assets are still actively used in the business. This often raises two questions: Does the existence of fully...
Using SARS Section 11(e) rates for accounting depreciation

Using SARS Section 11(e) rates for accounting depreciation

by Barry Gouws | Jul 2, 2026 | AssetTrail Insights, Compliance and Tax, Technical Insights

Technical Insights by AssetTrail. Equipment rental businesses often manage large, diverse asset fleets: construction equipment, generators, power tools, chainsaws, heavy machinery and specialised rental assets. For businesses similar to tool and equipment hire...
Straight-line or reducing balance depreciation for SME vehicle fleets?

Straight-line or reducing balance depreciation for SME vehicle fleets?

by Barry Gouws | Jul 2, 2026 | AssetTrail Insights, Compliance and Tax, Technical Insights

Technical Insights by AssetTrail. Many SMEs operate fleets of delivery vehicles, service vehicles or bakkies that are used consistently throughout their useful lives. A common accounting question then arises: should these vehicles be depreciated using a reducing...
Why every accountant should treat an asset register as a governance record

Why every accountant should treat an asset register as a governance record

by Barry Gouws | Jun 30, 2026 | AssetTrail Insights, Fixed Asset Guides

For accountants and finance teams, the asset register should not be treated as a once-a-year depreciation file. It is a permanent record of management decisions about property, plant and equipment — and a practical foundation for better governance. For many...

Is your fixed asset register supporting compliance — or creating risk?

by Klara | Jun 9, 2026 | AssetTrail Insights

For many organisations, the fixed asset register is one of the most important records supporting the financial statements. It influences depreciation, impairment assessments, disposals, tax allowances, provisional tax estimates and ultimately the carrying value of...

Recent Posts

  • One register, two views: accounting depreciation and tax wear-and-tear
  • R1 assets on your fixed asset register
  • Using SARS Section 11(e) rates for accounting depreciation
  • Straight-line or reducing balance depreciation for SME vehicle fleets?
  • Why every accountant should treat an asset register as a governance record

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