Dear ATO Community,
I would appreciate your clarification regarding GST reporting for phone expenses.
Assume I receive monthly phone bills that include $10 GST. After keeping a 4-week usage record, I determined that 50% of the usage is work-related.
I did not claim the GST credits in my first three BAS lodgements for the year. In the last quarter, I calculated the total work-related GST portion for the full year (i.e. $5 × 12 months) and included this amount in the claimable GST for that final BAS.
Is this approach acceptable?
Alternatively, if I choose not to claim any GST credits for phone expenses in my BAS, can I still claim the work-related portion of the phone expenses (including the GST component) as a deduction in my income tax return, even if no GST on phone usage has been reported in any BAS statements? Or, in that case, should I only claim the work-related portion excluding GST?
Kind regards
29 views
1 replies