As a business owner, you may need special clothing for your job, such as protective gear.๐ท But it could also be that you work in simple T-shirts and trousers.๐๐
In any case, it would be great if you could deduct what you spend on clothing as a business expense.๐ค
But is this even possible, and if so, how? What conditions need to be met in order for you to account for workwear as an expense? In our latest episode, we provide the answers to these questions.๐๏ธ
๐ Content:
00:00 - Intro
00:30 - Welcome
00:50 - Listener question: Transport deduction for a detour?
03:10 - Conditions for deduction for workwear as a business owner
04:30 - Special clothing and tax benefits
05:05 - Clothing that can be used for private purposes
07:20 - Benefits of clothing with your companyโs logo
10:00 - Summary and closing thoughts
Key Takeaways from the Episode:
๐ Workwear can be accounted for if certain conditions are met.
๐ Clothing that can also be used for private purposes cannot be accounted for as workwear.
๐ Costs for special clothing required for work can be deducted.
๐ Logoed clothing can be accounted for as workwear and also serves as advertising.
โโโถ๏ธ Useful links for the episode: Arbejdstรธj: https://skat.dk/erhverv/ansatte-og-loen/personalegoder-naar-du-er-arbejdsgiver/arbejdstoej
๐ฆ Cool Accounts ApS
Get the most out of your business!
Leave the bookkeeping and tax matters to a specialist!
https://accounts.cool/en/