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taxadvisor.uk, Chartered Certified Accountant
Category: Tax
Satisfied Customers: 4978
Experience:  FCCA - over 35 years experience as a qualified accountant (UK based Practitioner)
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Do invoices I have been given count as receipts for my tax? And

Customer Question

Do invoices I have been given count as receipts for my tax?
And can I use my bank statement in place of a receipt for a certain cost, if I don't have my receipt?
Submitted: 2 years ago.
Category: Tax
Expert:  taxadvisor.uk replied 2 years ago.
Hello and welcome to the site. Thank you for your question.

Invoices raised by you would count as receipts for your tax.
If a customer defaults on a payment then you can expense the unpaid amount as bad debt.

If you don't have an invoicxe/receipt for expenditure incurred, then you can use your bank ststement as proof of payment.

I hope this is helpful and answers your question.

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