Sole trader. What do I do about cash purchases?

grizzly_beer · 2022-09-08 22:50:52

I am a sole trader. I do contracts making computer games and software. I'm buying a new GPU, which is definitely a business expense, but I am buying it with cash on Adverts.ie so there will be no receipt for my records.. What do I do? Thanks!

08-09-2022 10:50PM

#1
grizzly_beer

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I am a sole trader. I do contracts making computer games and software. I'm buying a new GPU, which is definitely a business expense, but I am buying it with cash on Adverts.ie so there will be no receipt for my records.. What do I do? Thanks!

Tagged:

tax

soletrader

income tax

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Comments

#2 09-09-2022 12:50AM

niallb

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Posts: 2742

Print out the page with "Offer accepted" and the price and keep it as if a receipt.
This is actually Revenue's own advice for these situations in the past and it's better than nothing.
Love to hear some other input on this one!

4