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James Millar
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Soulty, post: 210238 wrote:
Hi, Can a sole trader claim some deductions the next financial year, from the purchase date? I have a lot of deductions this financial year and they would be more beneficial to claim some of them next year.

Cheers

Generally no but you may be able to carry forward and any tax losses and use in a subsequent year (which can achieve the same or similar effect). If its just a case of trying to manipulate your tax rate then you are out of luck.

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