Can I deduct training courses?

Training treatment depends on the course and its relationship to the existing business.

Training treatment depends on the course and its relationship to the existing business. Keep the syllabus and the reason for taking it.

Records to keep

• The original bill or document, with date and amount.
• A note of the business purpose and any allocation calculation.

A common mistake

A category label alone does not establish eligibility. Review the facts before claiming.