Revenue expenditure and File:180px-Treasury Perf Man-Fig2.jpg: Difference between pages

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1. ''Financial reporting.''
== Summary ==
 
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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.
 
 
== See also ==
* [[Capital expenditure]]
* [[Capitalise]]
* [[Expenditure]]
* [[Expense]]
* [[Opex]]
* [[Revenue]]
 
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 09:28, 27 July 2023

Summary

Importing files from local file repository