Type of expense | VAT | Document for deduction | IRPF |
Business lunch with clients | ❌ | Full invoice, expenditure justification including income | ✅ |
Gasoline & vehicle expenses | ✅ | Only full invoices are accepted | ❌ |
Computer hardware & tangible assets | âś… | Full invoice | âś… |
Health isurance | ❌ | Bank statement | ✅ |
Home office utility bills | ❌ | Full invoice | ✅ |
Professional expenses(like Xolo) | âś… | Full invoice | âś… |
Social security & professional fees | ❌ | Bank statement | ✅ |
Transportation & accommodation | âť— | Full invoice, expense justification related to an income | âś… |
Food & drinks | ❌ | Full invoice, expense justification related to an income | ✅ |
🙋‍♂️ Got questions?
Finally, in case you are not sure about the deductibility of an expense, please upload it to the platform in the "Personal / non-deductible" category and leave us a comment so we can determine what to do with it.