Revenue expenditure: Difference between revisions
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imported>Doug Williamson (Add links & alternative name - source - Abcam plc AR 2016 - p23.) |
imported>Doug Williamson (Add link.) |
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== See also == | == See also == | ||
* [[Capital expenditure]] | |||
* [[Capitalise]] | * [[Capitalise]] | ||
* [[Expenditure]] | * [[Expenditure]] | ||
Revision as of 20:49, 29 October 2021
1. Financial reporting.
Expenditure that is charged against profits in the current financial reporting period, rather than being capitalised.
Sometimes known as revenue costs.
2. Tax.
Expenditure incurred in the course of trade that is treated as an allowable deduction in arriving at taxable profit.
