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The quick and easy way to keep track of your deductions – all year Posted on October 9, 2018
The myDeductions app, available to iPhone and Android users, aggregates all taxpayer-input deductions – information that can be automatically transferred to myTax at tax time.
myDeductions can also:
- Capture and classify work-related expenses, gifts and donations or the cost of managing your tax affairs
- Store photographs of receipts
- Record car trips
“You can also share your deductions data via email,” the Tax Office said on its website. “Make sure you stay up to date with the latest version of the App to use this option in the future.
“Never miss out on a deduction claim because of a lost receipt again. Simply download the ATO app now to start using the myDeductions tool – it’s that quick and easy.