Hi guys, silly question im sure. For things like utilities and insurance, is an invoice or payment request sufficient for record keeping? or would the ATO like a tax receipt showing proof of payment?
Thanks!
Hi minds-eye, I am not an accountant, as I understand it a copy of the invoice and your bank statement confirming where the funds came from will suffice.
Also not an accountant but I assume they'd want confirmation that it's been paid – an invoice/payment request alone doesn't show that.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
When you pay a bill you get a receipt number. Write the receipt number on the bill. That should suffice.
Even if you were audited I doubt they'd go through your bank accounts and ask to see where it was debited from.
I write the receipt number and where it was paid from. eg Bpay St George.
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