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Deductions
                         
  All legitimate expenses for the business may be claimed and on filing your annual return may see a requirement for those expenses to be justified through the IRD's audit process. 
  Some examples of tax deductible expenses include:        
     
  • Stationary 
  • Accountant's fees 
  • Purchase of trading stock
 
  Deductions not claimable.          
     
  • You can not claim fines, eg parking fines etc or any court imposed penalties.
  • You can not claim other taxes paid except (Accident Compensation levies)
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