The ATO has produced a quiz for Tax Time 2017 to help you understand what deductions you can and can’t claim in your tax return.
Do you know if you can claim deductions on travel to and from work? How about the cost of study, or laundry expenses? Why not have a go at the quiz and see how your knowledge of deductions holds up.
It’s also never too early to get a fresh start this financial year and start using the myDeductions tool in the ATO app! With myDeductions, you can capture your receipts and track expenses on the go. Then next tax time, you can upload your deductions to your myTax return, or share them with your agent, saving you time and hassle.