Access to myDeductions

As an individual (employee) you can record your expenses and work-related trips (car expenses).

As a sole trader you can record your expenses, work-related trips (car expenses) and income.

To use the myDeductions record-keeping tool:

• download the ATO app to your smart device
• access the myDeductions tool
  • if you have not logged into the ATO app, myDeductions can be accessed from the quick link on the ATO app home screen, this is the screen you see when you first open the app
  • if you have logged into the ATO app, you can find myDeductions by selecting the More button and then selecting myDeductions
• select whether you’d like to use the tool as an individual (generally or as an employee), as a sole trader (business) or both.

Records you add are stored locally on your device. You should back up your data to a separate location regularly using the Back up feature in myDeductions in case your device is broken, lost or stolen as this isn’t an automatic process.

Record keeping with myDeductions

As an individual or employee, you can:

• use the myDeductions tool to keep records of your
  • work-related expenses (such as work from home expenses)
  • work-related trips (such as a logbook for car expenses)
  • general expenses (such as the cost of managing your tax affairs or gifts and donations you make)
• You can then email your information directly to us at tax time

As a sole trader, you can:

• use the myDeductions tool to keep records of your
  • business income
  • business expenses
• You can then email your information directly to us at tax time

If you’re a sole trader with a primary production business or personal services income you:

• can record your business income and expenses
• You can then email your information directly to us at tax time

To use the ATO app, download it from Google Play or the App Store.

If you download the ATO app and use the myDeductions tool:

• Only record your information on a single device throughout the year, because you can’t consolidate sets of records and you can only upload once per financial year.
• Multiple people can’t use one device.
• Backup your data to a separate location regularly in case your device is broken, lost, stolen, or before you choose to update to a new smart device.