Community

Deducting restaurant costs without proof of payment

LVB
2024-07-09

Question

Can you enter restaurant costs that were paid in cash as an expense? If yes, how do you record it?

Paying a receipt in cash is no problem. It is possible and allowed. Just make sure that not everything is paid in cash, because then you will probably have to give an explanation as to where you got all that cash from during a tax audit :)

But paying for something in cash and claiming it occasionally is no problem. You can enter that receipt as you always do.

Hello!

You don't necessarily have to pay for a restaurant visit with your card. You can also pay in cash.

What is important, however, is your vAT receipt. That is proof of payment. You can then enter this as an expense and it will be 69% deductible. The vAT itself from the restaurant visit is not deductible.

%antwoord%
Ask a question
Ask your question to the Dexxter community with over 25.000 sole traders and verified Dexxter experts.

30-day free trial. No credit card required.

You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.

Community

Other questions from the community

Advance payment of personal income tax amount

When should something not be included in the vAT declaration?

Entering internet as a self-employed person in secondary occupation

Search for deleted invoice and credit note – undo

Terms and Conditions

Sponsorship

Ticking ‘included in vAT declaration’

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter

Unfortunately! Our community is currently only open to people who are starting a trial period on Dexxter