Strange question about declaring profit/loss

You can always deduct costs yourself. I had that happen to me in the past, my accountant let me know at the time.

It's okay to declare losses for the first year or two, but after that it becomes difficult for the tax authorities.

My accountant gave me two options:

• Declare everything as it is and know that a tax audit is likely.My accountant simply did not declare part of the costs. He recorded everything during the year, but when filing my personal income tax return, he simply dropped x% of my total costs; he simply reduced the amount.

Incidentally, I went for option 1 and did indeed have an audit a few years later ;) My accounts were correct, I just made a loss, but my accounts were correct. So I had nothing to fear from the audit.

I wouldn't start mentioning that you are making structural losses and that this is part of your plan, though... :)

Thank you for your helpful response :) Best regards