Allowable Expenses

Business, Legal & Accounting Glossary

  1. Home
  2. Glossary
  3. Define: Allowable Expenses

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.

Cite Term
Sources

Cite Term

To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/allowable-expenses/
Modern Language Association (MLA):
Allowable Expenses. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. October 17, 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: October 17, 2021).
American Psychological Association (APA):
Allowable Expenses. PayrollHeaven.com. Retrieved October 17, 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 | 2 Views.