Understanding tax deductions for small businesses
When you register a business, you can get tax deductions on most expenses. In this article we’ll take a look at the most…
Overview
When you register a business, you can get tax deductions on most expenses. In this article we’ll take a look at the most common tax deductions for small businesses. This version is adapted for Nexbal with a shorter, practical structure.
Key Takeaways
- What types of expenses can I get tax deductions on?
- Home office
- Vehicle and travel
Practical Checklist
- Define the process and responsibilities before you invoice.
- Verify customer data, amounts, taxes, and due dates.
- Use a consistent template and keep documentation in one place.
- Follow up unpaid invoices with a predictable reminder flow.
Start invoicing with Nexbal
Use Nexbal to create and send professional invoices with less manual work.