Are there any requirements of details a receipt needs to have in order to claim it as an expense with the ATO? The property is owned in my name and I'm not registered for GST.
Tenant has got some repairs done as the property manager was quite slow in getting it sorted (another issue to be addressed). I have received a cash receipt which details:
There is no ABN or name/address details of the repairer. Is this receipt still valid and satisfactory proof of an expense to the ATO?
I found an ATO website which lists requirements for a Tax Invoice, not sure if a Tax Invoice and Cash Receipt is equivalent.
Thanks
Tenant has got some repairs done as the property manager was quite slow in getting it sorted (another issue to be addressed). I have received a cash receipt which details:
- Date
- Received from
- Amount
- Short description of work
- Signature of supplier
There is no ABN or name/address details of the repairer. Is this receipt still valid and satisfactory proof of an expense to the ATO?
I found an ATO website which lists requirements for a Tax Invoice, not sure if a Tax Invoice and Cash Receipt is equivalent.
Thanks