Tax rules
The tax rules behind Bilbx
Every figure Bilbx applies to your tax year and your receipts, country by country. Each rule is the one the app runs, with the regulator's own words beside every sentence.
Australia
- The tax year1 July to 30 June
- How often you file GST or VATQuarters ending September, December, March and June
- Records of business use12-week logbook, for 5 years
- What a receipt needs for a tax credit$82.50
New Zealand
- The tax year1 April to 31 March
- How often you file GST or VATPeriods of 2 months ending January, March, May, July, September and November
- The line each expense goes onFinancial statements summary (IR10), boxes 4–24
- Records of business use90-day logbook, for 3 years
- What a receipt needs for a tax credit$200
Canada
- The tax yearJanuary 1 to December 31
- How often you file GST or VATA year ending December
- The line each expense goes onStatement of Business or Professional Activities (T2125)
- Records of business useVehicle logbook, for its own year
- What a receipt needs for a tax credit$100
United Kingdom
- The tax year6 April to 5 April
- How often you file GST or VATQuarters ending March, June, September and December
- The line each expense goes onSelf-employment (SA103S), boxes 11–19
- Records of business useMileage log, for its own year
- What a receipt needs for a tax credit£250
United States
- The tax yearJanuary 1 to December 31
- The line each expense goes onSchedule C (Form 1040), Part II
- Records of business useMileage log, for its own year