When running an unregistered business

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Of the PIT Act and the entrepreneur is able to defend the incurred expense before the tax office. Revenue-deductible costs are costs incurred in order to generate revenue or maintain or secure a source of revenue, with the exception of the costs listed in Art. of the Personal Income Tax Act The cost must be related to the business activity The cost must be final and therefore cannot be refunded in any form The cost must be properly documented Each expense must be individually assessed in terms of qualifying as tax-deductible costs.

Therefore, we can see that an entrepreneur cannot freely include costs in his business. Each document that is the basis for accounting in PKPiR philippines photo editor should be analyzed and meet the above assumptions. Snacks for employees in tax deductible costs? The PIT Act does not provide much information on specific tax-deductible costs. Creating cost catalogs would be a miracle, there is more information on expenses excluded from tax-deductible costs. This means that an entrepreneur should have good knowledge of the exclusion categories in order to properly settle business expenses.




If in Art. of the PIT Act, there is no provision that would exclude a given expense from tax-deductible costs, in principle it may be included in the costs, provided that it is related to the business activity. However, it is not always easy to properly define the cost based only on the PIT Act. Therefore, in such situations, we refer to individual tax interpretations. The same is true when explaining the topic of purchasing snacks for employees. In one of the interpretations no. -KDIB.