Purchase of a TV set considered at a tax-deductible cost

Tax authorities clearly start chaing their approach to recognizing expenses incurred by single-person businesses as tax-deductible costs. The changing trend can be seen in an individual tax ruling, which says that a lawyer can deduct the purchase of an expensive chronograph watch from his revenues. The change is quite noticeable because so far tax offices treated majority of similar expenses as personal ones and blocked their deduction.

More on this subject on Lexplorers in an article by Olga Sulewska from the Income Tax team.