Water consumption in a professional context can be a significant expense for sole proprietors in various sectors. Whether you are a garage mechanic, self-employed in construction, an animal caretaker, event manager, photographer, hospitality entrepreneur, childcare, researcher, artist, seller, driver, gardener, shopkeeper, self-employed rental landlord or nutritionist, the costs of water consumption can be deducted as professional expenses.
Let’s take a look at how you can consider and process these costs as professional expenses in your accounts.
What does water consumption include?
Water consumption includes all costs for the use of drinking water in your business activities. This can range from the use of water for cleaning and maintenance tasks to its use in production processes and services. Water suppliers such as PIDPA and FARYS supply drinking water to companies and households, and the costs of this can be deducted as professional expenses.
Attention! If you have a home office, only part of your electricity and gas costs will be deductible! This depends on the size of the workspace in relation to the entire home.
Water consumption as a deductible professional expense
These water consumption costs can be considered a professional expense and therefore deducted from your taxes. For self-employed people and sole proprietors, these expenses are often a fixed part of their monthly or yearly operating costs. With Dexxter, you can easily add these invoices, giving you insight into your costs!
