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.

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.
Ready? Let's go.
Whether it's to examine the specific needs of your business, or to go over the benefits of Qonto's tools and features, we're here for you.