If i register an ABN as a sole trader as of today's date - how far back can i claim tax deductions/expenses for equipment purchases for setting up this business?
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Hi @tdehnnin
There is no general rule as to how far back you can go.
We would need to see that you have kept the invoices to claim the start-up costs prior to the ABN registration,
We have answered a similar post previously that I think you will find helpful.
All replies
Hi @tdehnnin
There is no general rule as to how far back you can go.
We would need to see that you have kept the invoices to claim the start-up costs prior to the ABN registration,
We have answered a similar post previously that I think you will find helpful.
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