Write-offs

Detailed comparison of write-offs across major business jurisdictions.

šŸ’» Office & Equipment 7 items ā–¼
Laptop / Desktop Computer
100% (immediate or depreciation over 3 yrs)
Full deduction in most jurisdictions. Keep receipts. Business use must be documented.
External Monitors & Peripherals
100%
Mouse, keyboard, webcam, dock — all deductible as business equipment.
Home Office (dedicated room)
Varies: DE full if dedicated; CY/BG no specific limit
Must be a dedicated workspace. Do not use for personal activities. Photograph it.
Software Subscriptions
100%
Notion, Linear, GitHub, Adobe CC, Figma, Canva — all business expenses. Pay from business account.
Cloud Services / Hosting
100%
AWS, GCP, Azure, Vercel, Cloudflare — directly deductible as COGS / operating expense.
Phone (business portion)
50–100%
100% if separate business phone. Mixed use: document business call percentage.
Internet (home office)
50–100%
Cyprus, Bulgaria: 100% if home is primary work location. Germany: 100% only with split calculation.
āœˆļø Travel 6 items ā–¼
Flights (business travel)
100%
Retain boarding passes. Document business purpose in calendar. Client meetings, conferences, due diligence.
Hotels & Accommodation
100%
Document business purpose. Booking.com receipts accepted. Airbnb: use business account if possible.
Coworking Spaces
100%
Strongly preferred over home office claims in many jurisdictions. Receipt + business use confirmation.
Car Rental (business trips)
80–100%
100% if used only for business. Document mileage log if mixed.
Business Meals (while travelling)
50–100%
Germany: 50% for meals, 100% for accommodation. Cyprus: 100% if client is present. Keep receipts.
Airport Lounge Access
100% via business card
AmEx Business Platinum, Capital One Spark, or Priority Pass via Revolut Business Metal.
šŸ“š Professional Development 5 items ā–¼
Online Courses & Training
100%
Udemy, Coursera, MasterClass (business-relevant only), bootcamps, certifications.
Books & Publications
100%
Books relevant to your business, industry journals, research databases.
Conferences & Events
100%
Registration fees, travel, accommodation for business conferences. Documentation key.
Coaching & Consulting
100%
Business coach, tax advisor, legal counsel — all deductible as professional services.
Mastermind Groups / Communities
50–100%
Depends on jurisdiction. Document business purpose (networking, deal flow).
šŸ„ Health & Insurance 4 items ā–¼
Professional Liability Insurance
100%
E&O, professional indemnity — deductible as business insurance.
Health Insurance Premiums
Varies widely
Germany: deductible (limited). Cyprus: GESY contributions deductible. US LLC: not deductible at entity level if sole owner.
Business Travel Insurance
100%
Required for frequent travellers. Fully deductible.
Accident / Life Insurance (business)
50%
Only the business portion of premiums where the company is beneficiary.
šŸ’° Salary & Pension 3 items ā–¼
Director / Employee Salary
100% (deductible from corp income)
Creates employment cost that reduces corp taxable profit. Must be arm's-length and documented.
Pension Contributions
100% (employer contributions)
Employer pension contributions are deductible in most jurisdictions. Very tax-efficient in DE/UK.
Employer Social Security
100%
Employer portion of social contributions is always a deductible business expense.
šŸ½ļø Meals & Entertainment 3 items ā–¼
Client Business Dinners
50–100%
Cyprus/Bulgaria: 100% with client present + receipt. Germany: 70%. US: 50%. Always document who attended and business discussed.
Team Events / Offsites
100%
Team-building events, company retreats with genuine business component — deductible.
Office Coffee / Snacks
100%
If you have a physical office or regular coworking, refreshments are deductible.
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