I purchased a computer in the year of assessment 2020/21 for HKD10,000. Can I have this expense to be split in to two parts and claim tax deduction in two years of assessment? Therefore HKD5,000 in the year of assessment 2020/21 and other HKD5,000 in the year of assessment 2021/22.
First of all, according to the Inland Revenue Ordinance section 16 (1), “In ascertaining the profits in respect of which a person…