For the self-employed, the choice is especially important, though even employees who are reimbursed for their mileage can deduct expenses in excess of the reimbursement.
The catch: You can only deduct the value of miscellaneous expenses in excess of 2% of your income.
These FTE staffing costs would be in addition to operational expenses (in excess of approximately 200,000 NZD) for workshops, briefings, travel, report writing, and public education material.
After considering all the factors, the Tax Court concluded Steve's fishing activity was not engaged in for profit so he could not deduct his expenses in excess of his gross income from fishing.
Cholelithiasis incurs annual medical expenses in excess of $6 billion in the US and is currently the second most expensive digestive disease, exceeded only by reflux disease [ 5].
This formulary also applies to the ODBP's Trillium drug program to which individuals apply for coverage for prescription expenses in excess of a threshold amount relative to their income.
Argue, then, that since September 11 didn't kill that many people in the scheme of things, our response -- including two wars, thousands of our own casualties and tens of thousands of others, and expenses well in excess of $1 trillion -- has been excessive, and you are told you are missing the point (not to mention being unpatriotic, and perhaps un-American).
In particular, it derogated the former Spanish thin-capitalization regime and replaced it by a broader rule that stablishes limitations to the deductibility of financial expenses incurred in excess of a given percentage of a Spanish borrower's adjusted operating profits regardless of whether or not the debt is with related parties.
15 % of patients having to travel to their appointment indicated that their out of pocket expenses were in excess of $500 but most reported a cost averaging between $50 and $300.
In addition, the report said, Telsim reported that it had $725 million in "selling expenses" in 2000, far in excess of its planned spending or the amounts spent by Turkcell, its much larger rival.
So far, BP has paid $24bn in spill-related expenses and expects to pay in excess of $42bn.
