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    Tax deductions from 08/09 carried over to 09/10

    Hi, just to clarify, you cannot claim the same expenses again but can carry forward a loss and claim such loss next time instead. So next year you won't actually record those expenses again but instead just claim one total amount that matches your negative taxable income from the year before...
  2. D

    Tax deductions from 08/09 carried over to 09/10

    Hi, yes, you can carry forward losses if your overall income was negative. However if your overall income was below the tax-free threshold but still positive then you will not be able to use those deductions again in a subsequent year.
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