Business Expense Deduction Calculator
Calculate your allowable business deductions and see how much tax you can save. Freelancers can deduct legitimate business expenses to reduce taxable income.
Expense Deduction Calculator
Allowable Business Expenses
You can deduct expenses that are wholly and exclusively for business purposes:
- Internet, phone, and data charges (business portion)
- Software subscriptions, tools, and hosting
- Computer, equipment depreciation
- Travel for client meetings
- Professional courses and certifications
- Accounting and legal fees
Keep Records: Maintain invoices and receipts for all claimed expenses. The tax department can ask for proof.
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