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Home > QFINANCE Dictionary > Definition of allowable expenses

Definition of

allowable expenses

Tax

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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