• myDeductions

    The myDeductions tool makes it easier and more convenient to keep your tax deductions and income records all in one place.

    The tool can be used by individuals claiming general or employee work-related expenses. Sole traders can use it to help keep track of business income and expenses.

    Benefits of using myDeductions:

    • it's a fast, easy way to capture information on the go
    • you can claim deductions you might otherwise miss out on (for example, through lost or faded receipts)
    • it's an easy way to give your tax agent your records.

    Find out about:

    How to use myDeductions

    Simply download the ATO app to your smart device and choose whether you'd like to use the tool as an individual, sole trader, or both. Then you can add:

    • deductions/expenses
    • vehicle trips
    • income (if you're a sole trader)
    • photos of your invoices and receipts.

    Watch our How-to videos for a demonstration of how to add an expense and more.

    Whether you lodge your own return or use a tax agent, myDeductions can help you keep your tax records. At tax time you can upload your data to pre-fill your tax return or email it to your tax agent.

    Make sure you record your information on a single device throughout the year because you can only upload once per financial year. Back up your data regularly in case your device is broken, lost or stolen.

    At this stage the sole trader functionality is only available for Android and Apple devices.

    Get it on GooglePlayExternal LinkDownload on the App StoreExternal LinkGet it from MicrosoftExternal Link

    See also:

      Last modified: 21 Mar 2017QC 46409