business expense

As part of his guilty plea, Biden had acknowledged improperly classifying his personal expenses as business expenses.

Credit and debit card fees were always a big business expense for Patti Riordan, who owns a hobby shop in Lancaster, Ohio.

Kate Nicholls, chief executive of UK Hospitality, said any rise in National Insurance would "particularly hammer sectors like hospitality, where staffing costs are the biggest business expense".

Prosecutors alleged, among other things, that Biden improperly classified personal expenses as business expenses and paid his federal income taxes late.

Those purchases included drugs, escorts, lavish hotels, luxury cars and clothing, according to the indictment, which Biden allegedly falsely labelled as business expenses.