| If your records
can't confirm an expense, Inland Revenue might not allow you
to claim it. All expences should have receipts retains and
where the amounts are over the GST thresholds for informational
requirement, they must contain that information as well. Remember
you claim expenses not only for income tax but also for GST purposes
so both taxes need to have adequate evidence of the transation
and in particular more detail is required to meet the GST claim
obligations. |