Good Morning,
Simple question (forgive me if something similar might been already asked, but a quick 'search' didn't bring up anything similar):
I am a sole trader in construction, and do a simple self employed tax return myself (no accountant, tax year April to April); what I have normally done so far is that I claim my business expenses (capital etc) each year in between that time period (tools, vehicles etc etc), with receipts of expenses to prove everything.
Would it be possible to claim an expense (lets say a particular tool) outside for the current tax year?
Tax year 2022/2023, item purchased close to tax year end of 2021/2022.
My understanding is that it is not possible, just double checking if there was something that would allow for something like this?
Thank you very much.
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