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> of course, this is considered income and taxed as such It is not, it is an expense and therefore, it is not taxed. There are some subtleties though. If you d
by GuB-42 5y ago
> of course, this is considered income and taxed as such
It is not, it is an expense and therefore, it is not taxed. There are some subtleties though. If you don't detail your expenses when doing your taxes, the 50% your employer has to pay is not considered revenue (but whatever extra you get is). However, if you explicitly declare public transport as an expense, then it becomes revenue, because otherwise, you'd be deducting it twice.
- vladvasiliu 5y agoYou seem to be correct. I think I was confused because I was getting reimbursed 100%.