Home Forums Money matters Using EFTPOS receipts to claim deductions Reply To: Using EFTPOS receipts to claim deductions

#1218531
Precise Tax Solutions
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Yes, you do not require a tax invoice to claim an input tax credit for expenses less than $82.50.

However, you still need to be able to substantiate the expense via an EFTPOS receipt or bank statement etc. to both claim the input tax credit and a tax deduction.

Cheers