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The phrase "can be offset against" is correct and can be used in written English.
You can use it when you want to indicate that one value is being set against another to achieve a balance or equilibrium. For example, you might say, "The cost of the renovation project can be offset against the increased property value of the house."
Exact(24)
Debt payments can be offset against profits to minimise tax bills.
Losses on these assets can be offset against any tax liability on future gains.
In America, all interest payments on your home can be offset against federal income tax.
There are lots of losses that can be offset against income or capital gains to reduce your tax bill.
However, money spent on renovations on certain categories of property can be offset against the capital gains tax.
(Because the house was listed as a landmark in 1984, renovation costs can be offset against French taxes).
Similar(35)
The money spent on deadline day can be offset slightly against the free transfers of Jonathan Woodgate and Matthew Upson earlier in the summer, meaning manager Tony Pulis effectively signed five players for a total of £20million.
The interest paid on the loan can be offset as a loss against gains made elsewhere in the company.
I would argue that this is what is remarkable about movies — that shallow conceptions in one area can be offset by elements playing against them or altering them or affecting the texture.
And they can be offset by losses.
Research has also suggested this can be offset if patients feel they have been listened to.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com