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All expenses > Raw materials
Raw materials
Tax audit risk
Easiness to justifyDeducted by78 % of independents
Easiness to justifyDeducted by78 % of independents
The purchase of raw materials is 100% deductible
The purchase of raw materials to be later used in an end product, is of course completely professional by nature. You can therefore deduct this cost both from your income tax and your VAT.
💡 If you often buy the same raw materials, it might be worth negotiating a deal with your supplier.
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