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I started a new business in jan 2023. I completed a course for this is December 2022. Should I claim this now or next year?
I don’t have any additional expenses or income for this business until doing income tax for 2023
April 11, 2023
2:38 PM
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Self-employed
Generally, you can’t claim expenses that you incurred before your business started as self-employment costs.
Also, if the training courses were to get new skills, then you can't claim them as self-employment expenses even if you took them after you started.
However, you might be able to claim the course as a tuition amount if the fees are eligible.
April 16, 2023
10:13 AM