20/07/2026
MYTH: Anything paid from your business bank account is automatically tax-deductible. โ
The truth is, an expense generally needs to be directly related to earning your business income. Personal expenses usually cannot be claimedโeven when they are paid from your business account.
Unsure what your business can legitimately claim? Let S&S Accounting & Business Services help you get it right. ๐๐ผ