What is covered by parking fees, tolls and fines?
Parking fees, tolls and certain fines include all expenses you have incurred for parking your car, using toll roads and paying certain fines you received on during business trips.
Examples of costs
- Parking fees: Costs for parking your passenger car during business appointments, customer visits or events.
- Tolls: Costs for using toll roads during business trips.
- Speeding fines: Fines for speeding offences are not deductible as business expenses.
- Parking fines: Fines for parking violations may be claimed because they were incurred in relation to a deductible expense (the parking fee).
The costs of parking fees, tolls and parking fines can be considered professional expenses and deducted from your taxes, provided they relate to your business activities. Here are some important points to keep in mind:
- Necessity: The costs must be necessary for your business activities. For example, parking fees for customer visits or tolls for business trips are essential expenses.
- Documentation: Keep all parking tickets, toll receipts and fine receipts. This is essential to prove that these expenses are professional. You can easily process these expenses in your accounts with Dexxter under the category passenger car parking fees, tolls, parking fines, … passenger car.
