Can I claim deductions for items bought in Feb to start with sole proprietor business in March

By Marc Sevitz · Updated

I started a sole proprietor hairdressing business on 01 March, I started to purchase stock and had some upgrades done to a rental property during Feb. Can I claim a deduction for the chairs and sinks, I purchased as well as the repairs to the deck. I am renting a small property because my home is not large enough for the business
TaxTim Marc

TaxTim Marc said:
29 July 2014 at 9:54

You can claim wear and tear on these items as they are assets used in the course of your business and qualify for a write off.
Provisional Tax
Deductions
Rental Income
Depreciation / Wear and Tear