Can i claim business expenses & tourist refund for the same device

[Sdtravel]

Does anyone have any insight if i buy a device from say JB fihi or Kogan for work purposes. Eg Phone or tablet and claim it as a business expense in our company return can i also claim the tax back through the TRS?

I have the tax invoice and it was purchased less than 60 days before departure so is there any issue with this? Do the ATO go and match tax receipts from the TRS to those in company returns and say you cant have both.
Its under $1000 so the receipt doesnt need to have name and address on it.

I mean it doesnt even have to be a company expense. What issue is there if i claim it through TRS and also claim it through my personal tax return as an expense.

 

[serfty]

No Input credit in relation to GST as that IS the refund.

.. But yes, if for business use the remaining cost can be claimed as a tax deduction.

 

[Sdtravel]

No Input credit in relation to GST as that IS the refund.

.. But yes, if for business use it can be claimed.

Im not really sure what that means.
Are you saying i can only claim one or the other? I can either get tax input credits with the business or claim the TRS? The ATO would somehow know if one did both

 

[serfty]

I've edited my post for clarity.

In general for a business it rarely makes sense to do a TRS as the tax can be used as an input credit anyway.

 

[Pushka]

I've edited my post for clarity.

In general for a business it rarely makes sense to do a TRS as the tax can be used as an input credit anyway.

Im guessing the TRS refund is kept in the personal bank account and then the item GST included is put to the business

 

[Freq Flier 2013]

You can claim the GST via the TRS and a tax deduction via the business.

Or claim the GST and a tax deduction via the business. Same thing.

You can't double dip and claim the GST twice. Via the TRS and via the business.

 

[Vic]

When you claim the TRS refund the cost of the item changes to purchase price - TRS refund amount. You can do whatever you want with claiming that new cost as an expense.

Im guessing the TRS refund is kept in the personal bank account and then the item GST included is put to the business

Which would be illegal, as that is claiming a refund for the same GST twice.