I am a small business owner and planning to buy goods from Alibaba and sell them in Australia. I am only buying small batches (<AUD1000). On the tax invoice, which details do I need from the seller to claim the business expenses?
Hi @MannieB
The record should prove that your business paid for the expense and that it relates to your business. The invoice should be made out to your business, have date of purchase, amount paid and received and a description of the items. If you're purchasing overseas then you'll likely have a payment trail too which can be used.
Check out our information about record-keeping to ensure you're across everything.
Hi @MannieB
The record should prove that your business paid for the expense and that it relates to your business. The invoice should be made out to your business, have date of purchase, amount paid and received and a description of the items. If you're purchasing overseas then you'll likely have a payment trail too which can be used.
Check out our information about record-keeping to ensure you're across everything.
22 Apr 2024 · 3 min read time
15 Apr 2026 · 4 min read time
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