All a freelancer needs to know about deductible expenses in France

5 mins

By Panama Harris, June 17,2022

💡 Some expenses are considered excessive and these are known as “dépenses somptuaires” (’extravagant expenses’) in the language of the tax office. For example, a 1st Class travel ticket would be considered extravagant if the price is considerably more than a standard fare. These expenses are seen as detrimental to the interests of the company.

💡 All deductible expenses must be proven by an invoice or receipt.

💡 Buying a customer lunch must have a business interest for your company in order for it to qualify as a deductible expense.

💡 You may not simultaneously deduct both rent and coworking fees from your taxable income.

ABOUT THE AUTHOR
Panama Harris
Panama is a Copywriter at Qonto with over 15 years' previous experience working as a freelancer around the world. Her mission is to take the mystery out of entrepreneurship and make it more accessible.
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