Finance 3 min read Updated January 20, 2026
Top 7 Tax Deductions for Freelancers (Don't Miss These)
The only good thing about spending money on your business is that it lowers your taxes. Here is what you can write off.
Disclaimer: I am not an accountant. Tax laws vary by country. Consult a professional.
1. Home Office Deduction
If you work from home, you can deduct a portion of your rent, electricity, and internet. The space must be used **exclusively** for work.
2. Software & Subscriptions
Adobe Creative Cloud, Hosting, Domain Names, and yes, **invoicing software like Followio**. These are 100% deductible.
3. Equipment & Hardware
Your new MacBook Pro, monitor, or standing desk? Deductible.
4. Advertising & Marketing
Business cards, Facebook Ads, or hosting your portfolio website.
5. Professional Services
Fees you pay to lawyers, accountants, or consultants.
6. Education
Courses, books, and workshops that improve your skills in your current field.
7. Transaction Fees
The fees PayPal and Stripe take from your payments are a business expense. You don't pay tax on money you didn't receive.
Keep your receipts organized
The hardest part of taxes is finding the receipts.
Use a dedicated business bank account and try to put all expenses on one card.