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Definition of

allowable expenses


business expenses offset against tax business expenses that can be used to reduce the amount of income on which tax is paid

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Definitions of ’allowable expenses’ and meaning of ’allowable expenses’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’allowable expenses’ and other financial terms with our online QFINANCE Financial Dictionary.

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