Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 900.115

Written evidence from supplier

             (1)   You may use this set of rules for any type of expense except the decline in value of a * depreciating asset.

             (2)   You must get a document from the supplier of the goods or services the expense is for. The document must set out:

                     (a)  the name or business name of the supplier; and

                     (b)  the amount of the expense, expressed in the currency in which it was incurred; and

                     (c)  the nature of the goods or services; and

                     (d)  the day the expense was incurred; and

                     (e)  the day it is made out.

             (3)   There are 2 exceptions to these requirements:

                     (a)  if the document does not show the day the expense was incurred, you may use a bank statement or other reasonable, independent evidence that shows when it was paid;

                     (b)  if the document the supplier gave you does not specify the nature of the goods or services, you may write in the missing details yourself before you lodge your * income tax return for the income year.

             (4)   The document must be in English. However, if the expense was incurred in a country outside Australia, the document can instead be in a language of that country.



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