Accounting

Managing Professional Expenses: Tax Deductions and Optimization

2 min read
ExpensesTaxationDeductionsOptimization

Optimize Your Tax Deductions: Guide to Deductible Expenses

As self-employed or SME manager, every properly recorded professional expense reduces your tax burden.

100% Deductible Expenses

Office Expenses

  • Office rent or coworking space
  • Electricity, heating, internet
  • Office supplies
  • Computer equipment and software

Travel Expenses

  • Fuel and vehicle maintenance (pro-rata professional)
  • Train, plane tickets (client trips)
  • Parking and tolls
  • Vehicle rental for assignments

Professional Fees

  • Continuing education related to activity
  • Professional memberships and subscriptions
  • Professional insurance (liability, loss of earnings)
  • Accounting and legal fees

Partially Deductible Expenses

Entertainment Expenses: 50% deductible

  • Meals with clients
  • Business gifts (< CHF 500/year/client)
  • Networking events

Private Vehicle for Mixed Use

  • Flat-rate method: CHF 0.70/km
  • Or actual deduction pro-rata business/private

Home Office

  • Deductible if room exclusively dedicated to activity
  • Calculation pro-rata surface area

How ToBill Simplifies Expense Management

Quick Recording

  1. Photograph receipts from mobile app
  2. ToBill automatically extracts data (OCR)
  3. Categorize with one click
  4. Attach PDF receipt

Real-time Dashboard

  • View expenses by category
  • Track monthly budget
  • Anticipate tax result

Automatic Accounting Export

  • Direct send to your fiduciary
  • Compatible format (CSV, Excel, API)
  • All supporting documents attached

Pitfalls to Avoid

Not keeping receipts: 10-year retention obligation ❌ Mixing business and personal: keep separate accounts ❌ Forgetting small expenses: they add up! ❌ Deducting non-compliant expenses: risk of tax adjustment

Optimization Tips

Anticipate purchases: if you plan equipment, buy before year-end ✅ Invoice properly: expense without receipt is not deductible ✅ Provision: set aside ~30% of profit for taxes and AVS ✅ Automate: save time with ToBill and focus on your core business

Get started in 5 minutes

1. Create your ToBill account

Enter your information from a computer or our mobile app

2. Connect your credit card

Connect your credit card to start receiving your invoices

3. Manage your quotes/invoices

Create, send, and track your invoices in just a few clicks with the Swiss QR invoice

Try for free

Send your first 10 invoices to your clients in just a few moments.

Managing Professional Expenses: Tax Deductions and Optimization — ToBill