Rule
Recognized expense: an expense incurred in the production of income and for the needs of the business. Private expenses of shareholders - are not recognized.
Common expenses
- Workers' wages and social conditions
- Office rent
- raw materials
- marketing and advertising
- Professional advice
- insurances
- Depreciation on assets
Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.