A recent decision by the Taxation & Charities Review Authority (TRA) reinforces the strict requirements surrounding tax deductions, record-keeping, and business commencement. The Authority fully upheld the Inland Revenue Department's (IRD) decision to disallow claimed deductions and impose shortfall penalties. The taxpayer sought to claim pre-commencement education, home-to-work travel, home office expenses, and pre-registration GST. All were disallowed. 💡 Key Takeaways for