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business deduction

/ˈbɪznɪs dɪˈdʌkʃən/

1 entry

phrase

/ˈbɪznɪs dɪˈdʌkʃən/C1formalbusiness
  • ruРасход или затраты, которые могут быть вычтены из общего дохода компании для уменьшения суммы налога к уплате, обычно связанные с операционной или профессиональной деятельностью.

An expense or cost that can be subtracted from a company's total income to reduce the amount of tax owed, typically related to operational or professional activities.

  1. Tax-deductible expenseB2formal

    An expense incurred in the course of running a business that can be subtracted from gross income to reduce taxable income.

    ruРасходы, вычитаемые из налогооблагаемой базы

    • Office supplies are a common business deduction.
    • You can claim a business deduction for travel expenses related to client meetings.
    • Home office costs may qualify as a business deduction if certain conditions are met.