In N, Mr Martin, a single taxpayer, received a total salary of EUR 70 000. His employer reimbursed him for 5,000 euros in business expenses. He can prove that he incurred and paid 10,000 euros in business expenses in N.

You will calculate the amount of taxable wages after deduction of business expenses in the following two cases:

Assumption of the flat-rate 10% deduction -Assumption of the deduction of actual professional expenses

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To calculate the taxable wages after deduction of business expenses in the two cases lets consider e... View the full answer