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Enter social security contributions (Xerius) as an expense?

MP
2024-03-14

Question

Dear Sir/Madam,

I started as a self-employed person in my main occupation in January. I have just paid the first quarterly declaration to my social insurance fund (Xerius).

Can this declaration be entered as an expense?

Kind regards,
Milan

Yes, you certainly can! This is considered a tax-deductible professional expense.

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