Capital allowances and tax receipts

imalwayshappy

Registered User
Messages
211
Hi,

In relation to a revenue audit for a rental property. I believe the revenue generally go back 4 years for an audit. If you are in year 7 of claiming capital allowances (in this case a couch) but have since lost the receipts giving the passing of time what would happen in this circumstance? I assume the revenue require proof even though they are only looking at the last four years. Thanks
 
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