Forum

• # 73034
• Sun 17 Jul 2011 03:48 PM

Can a self-employed individual claim business expenses against tax in the tax year 2010-2011 that were incurred in the previous tax year but not claimed?  I've looked at the Self Assessment guidelines on expenses and it does not make any reference to this.  Can anyone shed any light on this for me please?

Many thanks 

• Debbie
  www.beckcottage.com
  
  

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• # 73053
• Mon 18 Jul 2011 10:39 AM

Still looking for some guidance on this if anyone can help.

Many thanks 

• Debbie
  www.beckcottage.com
  
  

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• # 73159
• Sun 24 Jul 2011 11:03 PM

Hi Debbie
Yes they can still claim it so long as you have the receipts to prove it and that the expenditure was wholly and exclusively used in the course of the trade/business.
Regards
Angie

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• # 73162
• Mon 25 Jul 2011 07:21 AM

Hi Debbie

I concur with Angie, I have just done an HMRC course on Expenses and the tutor was asked this very question! He quite categorically said you could reclaim the previous year as long as you had the VAT receipts and as Angie said, they can be proved to be wholly and exclusively used  for the business.

Cheers

Carrie

• Carrie Crinage
  CC Bookkeeping
  www.cc-bookkeeping.co.uk
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• # 73186
• Mon 25 Jul 2011 04:11 PM

Thanks Carrie and Angie for your replies.  It was the answer that I was expecting, but just wanted to be certain.

• Debbie
  www.beckcottage.com
  
  

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• # 73350
• Mon 01 Aug 2011 08:21 AM

Debbie

I would just check with HMRC on the expenses you wish to carry back as there may be rules on how far back certain expenses can go in order to be carried back.

Kind regards
Stuart

• Forum Moderator, South East & Greater London Regional Chairman
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