![]() ![]() Most of your company’s operating costs are 100% deductible. ![]() The partially or fully deductible professional expenses Fully deductible expenses In your accounting, you must therefore use other means to prove these expenses, such as witnesses or fact-based presumptions. Think of small office expenses, conferences abroad or the mixed use of a car (car wash and petrol/diesel). You do not always get a supporting document for some expenses. You always have an invoice, bill or other proof of purchase.You incur the professional expenses to obtain or retain taxable income. The expenses must be incurred or borne in the year in which you acquire the income. Mixed expenses, which correspond to both private and professional use, can only be listed for the professional part. The cost must be related to your activity. But an expense can only be deemed a professional expense if it meets these 4 conditions The more expenses you incur for your business, the less taxes you pay. The result is your net income, on which you are then taxed. You can deduct from your turnover most of the expenses you incur for your own business. Knowing which costs you can list and to what extent they are deductible is therefore crucial. In other words, your gross income minus your professional expenses. As a self-employed professional or company manager, you pay taxes on your net professional income. ![]()
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