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Nigerian Tax Calculator & Compliance Platform - KeepAm

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    Expense Tracking

    What expenses are deductible

    Learn which expenses can reduce your tax

    Tax-Deductible Expenses

    Deductible expenses reduce your taxable income, meaning you pay less tax. Here's what qualifies:

    Fully Deductible Expenses

    Office Supplies

  1. Stationery
  2. Printer ink/toner
  3. Paper and notebooks
  4. Desk accessories
  5. Equipment

  6. Computer/laptop (for work)
  7. Printer
  8. Office furniture
  9. Work-related tools
  10. Software & Subscriptions

  11. Design software (Canva, Adobe)
  12. Productivity tools (Notion, Slack)
  13. Cloud storage (Google Drive, Dropbox)
  14. Professional subscriptions
  15. Professional Services

  16. Accountant/tax advisor fees
  17. Legal fees (business-related)
  18. Consulting fees
  19. Virtual assistant services
  20. Marketing & Advertising

  21. Website hosting
  22. Domain names
  23. Social media ads
  24. Business cards/branding
  25. Training & Education

  26. Courses related to your work
  27. Certifications
  28. Books and learning materials
  29. Conference attendance
  30. Bank Charges

  31. Account maintenance fees
  32. Transaction charges
  33. Payment processing fees
  34. Partially Deductible Expenses

    Some expenses are split between business and personal use:

    Internet/Data

  35. Deduct the business portion
  36. Typically 50-70% if working from home
  37. Phone

  38. Business calls and data
  39. Estimate work vs personal usage
  40. Transport

  41. Client meetings
  42. Business travel
  43. Not regular commute to office
  44. Not Deductible

  45. Personal groceries
  46. Entertainment (mostly)
  47. Personal clothing
  48. Gym membership
  49. Personal travel
  50. Tips for Claiming Expenses

  51. Keep all receipts - Digital or physical
  52. Document business purpose - Note why each expense was necessary
  53. Be reasonable - Don't claim 100% of mixed-use items
  54. Stay consistent - Use the same method each year
  55. Didn't find what you need?

    Our support team is ready to help you.

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