Skip to main content

Posts

Showing posts from September, 2021

Online Tax Return – Tax Refund On Spot

  It is possible to deduct expenses you have incurred in the course of your work in the capacity of an employee.   The expense is incurred in a tax year when: You receive a statement or an invoice for an expense you are responsible for and have to pay (even when you aren't able to pay it until after the close of the year in which you earn income) or There is no bill or an invoice, but you're debited and pay for the cost. The expenses are: vehicle expenses, which include maintenance and fuel costs travel costs costs for clothing education expenses union fees telephone and home computer expenses the expense for equipment and tools journals and trade magazines and trade. It is also possible to claim deductions for certain expenses that aren't related to work.   They include: Interest and dividend deductions on investment Deductions for gifts and donations Deduction for the expense in managing tax issues. Tax on goods and services If the expense you are paying for includes the