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simple question, if i buy second hand furnishings from (private individuals, garage sales, second hand stores, charities etc) What details should i ensure are on the receipt to claim it as a legit business expense?[smiling]
lifexperience
Well it depends – are you onselling them? If you are not (your using for business just keep the reciept and add it to your business expenses (if you have a company).
I’m am unsure about what records have to be kept if onselling (sales dockets, reciepts, etc – but this could be very time consuming; eps. if a hobby).
Rgds.
Lucifer_au
Viewing 2 posts - 1 through 2 (of 2 total)
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