🚀 On a business trip? Maximize your expense deductions!
Did you know that you can deduct your business trip expenses in two different ways? Accommodation, meals, travel – all these can be written off if you play it smart! 💡
Discover your options in our latest podcast episode, so you can decide which way you are better off! 💸
Key Takeaways from the Episode:
📌 Definition of a Business Trip: A business trip is defined as a work-related journey that doesn’t allow you to return home the same day due to distance or working hours - it must exceed 24 hours.
📌 Deductible Expenses: Accommodation and meal expenses incurred during business trips can be deducted, provided that the trip is business-related and contributes to revenue generation.
📌 Methods of Deduction: You can choose between two methods for deducting business trip expenses: actual expenses based on receipts, or a flat rate set by the tax authority.
▶️ Useful links for the episode:
https://skat.dk/borger/fradrag/arbejdsrelaterede-fradrag/rejsefradrag-godtgoerelse-kost-og-logi/rejsefradrag
🦉 Cool Accounts ApS
Get the most out of your business!
Leave the bookkeeping and tax matters to a specialist!
https://accounts.cool/en/
