Allowable Expenses

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Definition: Allowable Expenses

Quick Summary of Allowable Expenses

Expenses incurred by a person whilst carrying out duties at work, which are ‘approved’ by the tax authorities and can be offset against income to reduce income tax liability.

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https://payrollheaven.com/define/allowable-expenses/
Modern Language Association (MLA):
Allowable Expenses. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. May 12, 2021 https://payrollheaven.com/define/allowable-expenses/.
Chicago Manual of Style (CMS):
Allowable Expenses. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/allowable-expenses/ (accessed: May 12, 2021).
American Psychological Association (APA):
Allowable Expenses. PayrollHeaven.com. Retrieved May 12, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/allowable-expenses/

Definition Sources

Definitions for Allowable Expenses are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 26th April, 2020 | 1 Views.