T Tomjim Registered User Messages 74 7 Feb 2025 #1 If I claim an expense as part of my annual return to revenue, do I need an actual invoice to back it up or will a record of the payment in my bank account be sufficient? Ie details of the payee on my bank account
If I claim an expense as part of my annual return to revenue, do I need an actual invoice to back it up or will a record of the payment in my bank account be sufficient? Ie details of the payee on my bank account
J jpd Registered User Messages 4,371 8 Feb 2025 #2 You will need to be able to prove the expense in the unlikely event tha Revenue audit your tax return Why do you not have an invoice or at least a receipt of payment for the expense- it seems impudent to pay money without a paper trail of some kind
You will need to be able to prove the expense in the unlikely event tha Revenue audit your tax return Why do you not have an invoice or at least a receipt of payment for the expense- it seems impudent to pay money without a paper trail of some kind
T T McGibney Registered User Messages 7,361 8 Feb 2025 #3 To what sort of expense are you referring here, @Tomjim?
T Tomjim Registered User Messages 74 8 Feb 2025 #4 If I bought stuff in a hardware such as paint. If I paid a painter.
T Tomjim Registered User Messages 74 8 Feb 2025 #5 If I bought stuff in a hardware such as paint. If u paid a painter for painting a rental property. I would have invoices for some but not all
If I bought stuff in a hardware such as paint. If u paid a painter for painting a rental property. I would have invoices for some but not all
T T McGibney Registered User Messages 7,361 8 Feb 2025 #6 The more evidence you have, the easier it will be to justify your claim.
J jpd Registered User Messages 4,371 8 Feb 2025 #7 If you paid the painter in cash without an invoice, then it will be difficult to justify this expense If you bought the paint in a store, then you should have a receipt or go back and ask for one
If you paid the painter in cash without an invoice, then it will be difficult to justify this expense If you bought the paint in a store, then you should have a receipt or go back and ask for one