Can an entrepreneur deduct personal expenses in PIT? Can company costs include expenses related to personal appearance? What about spending on a hairdresser or aesthetic medicine? Are there situations where deduction is justified? Recently, an article containing a comment by Piotr Sekulski, PhD on this topic was published in Rzeczpospolita.
In the article available at this link, you will find a lot of interesting information on how to deduct personal expenses in PIT.
tax advisor Piotr Sekulski, PhD
“Some entrepreneurs have a tendency to deduct everything possible in their company. The tax authorities try to limit these tendencies and question expenses that may have any connection with private life. This is evident in the tax rulings regarding investments in personal appearance. Not all of them are negative, but it’s hard to convince the tax authorities. They indicate that entrepreneurs who appear in films or photos have a better chance of deducting costs.
Those who simply want to look good at a meeting with a contractor have fewer chances (the tax authorities then argue that a neat and aesthetic appearance reflects personal culture and it doesn’t matter if someone runs a business). In summary, we have different types of businesses, sometimes very specific and requiring unusual investments. The tax authorities must take this into account. Entrepreneurs should maintain honesty and common sense in their deductions.”
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