INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

SCHEDULE 2B  

Substantiation rules

TABLE OF DIVISIONS

1	Introduction
2	Substantiating work expenses
3	Substantiating car expenses
4	Substantiating business travel expenses
5	Written evidence
6	Travel records
7	Retaining and producing records
8	Relief from effects of failing to substantiate
9	Award transport payments

Division 5 - Written evidence  

SECTION 5-6   EVIDENCE OF SMALL EXPENSES  

5-6(1)   [Own record of small expenses]  

If your expense is small, and you have a small total of small expenses, you can make a record of the expenses instead of getting a document from the supplier.

5-6(2)   [Expenses $10 or less]  

Each expense must be $10 or less, and the total of all your expenses that:

(a) are each $10 or less; and

(b) you incurred in the income year and wish to deduct; and

(c) you must get written evidence for under this Schedule;

must be $200 or less. These limits can be increased from time to time by regulations made under section 266 .

5-6(3)   [Expense not depreciation]  

If the expense is not depreciation, you must get a document with the same information as required by section 5-4 , except that you may create the document and record all the details yourself. You must do so as soon as possible after incurring the expense.

5-6(4)   [Prescribed information]  

If the expense is depreciation, you must, as soon as possible after the last day of the income year, record in a document the following:

(a) the nature of the property;

(b) the amount of the depreciation;

(c) who made the record;

(d) the day the record is made.

5-6(5)   [In English]  

A record must be in English.