Tax And Expense Anti-Patterns
Short answer: no, or only partially with evidence and professional review.
Q&A
Can I deduct my entire home rent because I work from home?
Short answer: no, or only partially with evidence and professional review.
Why risky: personal housing is not automatically a business expense.
Clean alternative: document a reasonable workspace allocation only if supported by local rules and accountant review.
Can I count all travel as business travel?
Short answer: no.
Why risky: mixed personal travel needs evidence and business purpose.
Clean alternative: keep agendas, receipts, participants, and allocate only legitimate business portions after review.
Can I buy a house through the company and live there for free?
Short answer: highly risky.
Why risky: personal benefit, tax, company purpose, and benefit-in-kind issues.
Clean alternative: separate personal housing from company assets unless professionally structured.
Can I convert personal living costs into company costs?
Short answer: no.
Why risky: this can create tax, accounting, and diligence problems.
Clean alternative: keep personal and company expenses separate.
Can I create negative income by stretching expenses?
Short answer: risky and not a strategy.
Why risky: artificial losses invite review and may be rejected.
Clean alternative: use real, documented, necessary business expenses only.
Can I use fake invoices or friendly invoices to reduce tax?
Short answer: no.
Why risky: false invoicing can create serious legal and tax consequences.
Clean alternative: only use real invoices for real services.