Are expenses subject to tax?

Article author
Nneka
  • Updated

It depends. How different types of expenses are treated for tax purposes really depends on what the expense is for. Business-related expenses are not taxable but expenses that are for the employee's personal benefit are taxable. For example, a business lunch can be classified as a business-related expense.

In some countries, all types of expenses are regarded as income and hence, subject to tax. 

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