hello everyone
I work as a remote graphic designer , I had three shifts with the company im working with but I didn’t receive any work or get contacted by them during those three shifts.
when I asked my manager that I was on the chat but didn’t receive any briefs or work to do during those 3 shifts he told me that I should check in before every shift and that they gonna write off those past three shifts.. so I don’t know if it’s going to be counted for me or not as I need to fill the payment at the end of each month…
I attached the message he replied with in our conversatio so you can have a full aspect of what he said
thank you !
In: 1
It depends on the context.
To ‘write-off’ something for tax purposes means to count it as an expense, which reduces your taxable income. So, for example, if you pay for an expensive dinner for a client, you can write-off 50% of that as cost of doing business and not have to pay tax on that amount.
To ‘write-off’ an asset means that you declare it no longer has value and takes the operating loss. So, for example, if a client owes you money (which is an asset in financial accounting) and you realize they can’t pay, you reduce the value of that asset to zero. You will _also_ get to write off that loss on your taxes.
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