Charged Expenses

Lambda

Registered User
Messages
23
Hi, I am self-employed And I had to do a job on a remote site for a customer.
Customer agreed to pay my expenses which included Plane tickets, mileage.
My understanding is that this payment is not an income and is therefore non taxable. Am I correct?
 
Payment of expenses to you will be treated as income.

You can get a deduction for expenses incurred wholly and exclusively for the purposes of the trade
 
Yep, so the re-imbursement should knock out the expenses incurred therefore no net tax effect.
 
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