09/06/2026
Did you know you need to keep receipts over $75+gst for 5 years and bank statements alone is not enough? Are your receipts stored within your accounting software? I have good systems in place to make sure everything is organised. If you want any help, please reach out and send me a message 😊
Here is a link for information on record keeping, direct from the ato. https://www.ato.gov.au/individuals-and-families/income-deductions-offsets-and-records/records-you-need-to-keep?fbclid=IwdGRjcASSSIVjbGNrBJJIa2V4dG4DYWVtAjExAHNydGMGYXBwX2lkDDM1MDY4NTUzMTcyOAABHnSPWCsKup3ITBVigrWacKxiRIH8lOt7aG8uK5w99KzIcic5ss0wY3GSj4Vb_aem_-DuWO77HN_h7ONCamg_CGQ
Records you need to show a payment or expense, the format to keep your records in, and how long to keep them.